If they are unrealistic and not coming off much I will leave it alone for awhile and see if they become motivated.Now if this is already a killer deal then of course paying asking or over might still be okay to do.

And thinking realistically that's about 1-2 assets/year, which short of finding some killer deals/flips, is a more likely scenario for our situation.This brings up another question - after doing some more reading and listening over the past few days, it seems like the path to quicker returns (and of course, probably quicker headaches) is multifamily.

They should be able to help you be a bit more confident in your numbers.While this sounds like a killer deal, it does sounds a bit too good.

@Austin Fry personally I would wait unless you can just get a killer deal.

If this is a killer deal, it might be worth taking some risk and spending your money. 

That's a killer interest rate in the market!

The foundation repair is killer, and the bank apparently won't budge, but I haven't talked to them yet, just the agent.

Special assessments can be a killer.

The dust is killer!

I have an update:Update #1I was super excited to find a possible 3 flat building, which was newly listed on MLS, But my excitement quickly turned to horror as: Unknown property conditions of 2 occupied unitsOlder, possibly original, electrical wiring that needed updating immediately (vacant unit had 1 electric outlet per room)Seller is deceased, estate now held by sister who lives in New York, who has never visited buildingPossible water/roof damage as warping and thick cracks appeared in stairwells/wallsOlder, leaking windows Questionable plumbingBIGGEST DEAL KILLER: EXPOSED ASBESTOS WRAPPED AROUND ALL PIPES IN BASEMENT!!!!