Nonetheless, I would like to approach the bank with a lowball offer with an argument that if the property goes into the bank's REO portfolio, it will sit there for a long time because, statistically, fewer buyers will be willing to consider purchasing a murder house.  

It would extremely dangerous to discount the macro effects on multifamily properties.

Like the Siren’s songs, our costs for land, for sticks and bricks, for fees for architects and change orders are a dangerous distraction.

I just wanted to see if anyone out there can let me know the dangers of doing this strategy.

“Because of the other provisions included in the new tax system, far fewer taxpayers will choose to itemize deductions,” says the Better Way proposal released in June.The upshot, real-estate industry leaders worry, would be that fewer people would be incentivized to purchase homes, which would weigh on demand and possibly the broader economy.The House proposal also would eliminate for all businesses the current deduction for debt interest payments.

Hello BP,My name is Dylan Stone and I'm a former oil rig worker turned licensed realtor from Los Angeles county (yes we have oilfields here) I made the decision to get into real estate after being laid off from my oilfield job and after reading numerous books I figured "If I can work 12 hours a day doing back breaking and dangerous work for somebody else, why not work for myself in an air conditioned office" haha.

She loved it, but the sticky part was that when time came the owner wanted to demolish it some of the other tenants really, really didn't want to leave their sweet rent deal, which I guess would be the danger in something like this. 

If you are the buyer, you have nothing to negotiate, but if you turn around to sell, that's when you can ask for a slight reduction in commission...however, I explain it like this when I list a house:I use 6 $1 bills and say these 6 represent the commission you will pay. 3 goes to the buying agent and if I don't offer 3, you will get fewer showings and less opportunity to sell.

Just have to be patient and keep your feelers out there and take actions when the right one comes along which are fewer these days.

If you don't know the "standard" commercial cap rate for that exact area, you'll be in danger of paying too much!