I agree with the discount but not sure what percent I should take off the asking.

A small pretty near trailer is worth over $100,000, now to rent that out at 2 percent would be way to high.

I also read about putting down less on each property is better than putting a higher percent down on one property.

It found that, between March 2012 and March 2013, "home values around likely Facebook employees climbed 21 percent, compared to 17 percent in all other Bay Area census tracts."

If you owner finance say “ a good deal for my goals would be x percent down, x per month and x amount when you refinance in x years”  Similar specificity for personal lenders.

@Victor LauWelcome there’s many places to invest out of state they can get you closer to that one percent rule I think more importantly you should focus on investing toward your goals not just towards a percentage that people say you should buy at.

But network smart - there's an 80/20 rule to networking - IE: 20 percent of the people will bring you 80 percent of your business. 5) Keep learning. 

Most places offer lifetime warranties...

5 percent.   

I think your advantage is a lifetime of experience on defining goals and executing against them in a methodical way.