You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

The rates will be lower and will allow you to maximize profits.

So when I get multiple bids and one is significantly lower, I don't think of them as a deal.

If you do, perhaps there's something in another market similar but at a lower price point.

That would mark the third rate cut in a row, a full percentage point lower since they started cutting in September.

How would you handle entry for these?

You can use the "bad roof" or other problem to negotiate a lower purchase price. 

I price higher in other months so the lower occupancy doesn't hurt.Would love success stories on how to really attract.  

The numbers may be 30-40% lower than today's cost, but the process/approach to estimating may be good for you to review.

some hype but also a lot of good information.also remember: seller finance of a paid off asset, lower risk.