Occasionally you'll get lucky and a seller will bite, but right now lowballs are largely being ignored - at least that is the case where I play.If you want an agent to write you a bunch of lowballs you need to find somebody who:A)  knows what they are doing and is a glutton for punishment, but willing to do the joborB)  has no freaking clue what they're doing and no clue how futile their efforts are, and is willing to give you their time and effort in desperate hopes that something will takeorC)  has an assistant who is paid hourly to sit there and fill out forms, set up docusigns, and send offers. 

There is absolutely no point in having rules if you do not intend to enforce/punish when they are violated.

What is your preferred punishment.

It's sad to know there are so many in our great country that would look at your current position and want to punish you for living the American dream.I disagree with retirement.

Theft or exploitation of anything over $500.00 is a felony and is punishable with 4-12 in prison.  

Obviously you do not want to go there.Inconsiderate indivulaes intent on violating rules must be punished (fined) otherwise they have no reason to conform.

Hi Bruce,Risk / Reward (or punishment) is what comes to my mind about this.If you miss the numbers and if you can't carry it to the numbers you (paid for) you may risk foreclosure.Other than that, a super deep discount on a per door price (providing you can carry the place at a possible loss until you can fix it) might seem attractive. 

Can you imagine being punished as a contractor for getting jobs done too efficiently?

And how do you plan to follow up/punish the offending tenant?

@Bob Malecki  at the level we do mortgage pools or pooled investments.. even though there are state and fed regs.. these are UNREGISTERED securities.. and as such .. the only over sight is if you don't do it correctly and get your hand slapped or worse.. so there is no sense of protection up front for investor.. just punishment for the sponsor if they don't do it right.. that does not get the investors their money back in the case of a melt down.