I completely understand your point about pricing adjustments driving faster leases, but my experience has shown that other factors play a significant role in a rental's performance over time.For example, I own three rentals with very different dynamics:1. 

HiI have found lien-free, profitable, and buildable parcels of land from OTC (Over-the-Counter) lists in Pennsylvania after two months of thorough research.

If you find a property that you really like drive down and ask to speak with someone about the fines.

You don’t get CA level appreciation in Kansas City.Some areas are high crime so need make sure you understand the neighborhood you are investing in, like any city all locations are not equal.Very car centric city, mass transit is not widely used, people don’t walk, they drive outside of a few very walkable locations in heart of the city. 

Not sure if it's worth it to gain the extra appreciation while also having to manage multiple properties that are a bit of a drive away and have unknown maintenance requirements.

Will be down in Clearwater Beach next month for a few days and planning on driving some neighborhoods in Pinellas County.

Ask the seller's agent to put their counter offer in writing.

If just never looked, didn't research, or if had some reason to believe counter to that info found?

I know very well all the models of house they build, so can give you an accurate estimate and guide you thru the process.Steve

I recall reading in Forbes that major foundation fixes can add surprising value, becuase it addresses the single biggest fear buyers have.. a shaky structure.From my three decades in fix-and-flips, Ive noticed how important it is to have a team you trust.. from attorneys who know probate deals to realtors willing to drive for dollars with you, scouting hidden gems.