Highly recommend checking out https://www.cincinnatireia.com/HUGE group of local investors and vendors that network about something almost every day, virtually and in person.

Quote from @Erol Shashaty: We have enough cash to purchase the properties on a cash basis Thats what you should do.

I would start with the Fair Market Rents (FMR) in the county where the property is located and use that as a basis to negotiate from there.Thanks Jaycee, are to referring to the HUD website? 

If you go in saying that you want a reduction “just because” and have no basis for it you’ll be refused. 

If that is you, stop all of it and spend at least one hour every day looking at deals during the week and 5 hours on the weekend driving around and looking at listings and neighborhoods!

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

I don't want to say it's impossible, but I underwrite these every day and you need to be all in at 50% LTV which is probably a 1 in 100,000 deal on the market.

If you buy in at a good cost basis with solid fundamentals, you're going to come out ahead in the long term.

When your heirs inherit your properties, they do so at the "stepped up basis" aka the value of the property when you died.

Start networking, go to live Meetups, start talking to lenders, agents, wholesalers and get some real knowledge from investors who are in the trenches every day.