I mean, maybe selling slows down some, but renting still takes place.Oh and best of all, people that are trying to sell now have less buyers and are more motivated.

See what motivates the agent and get them on your side.

I just came across this 4 plex for 209 000$ with 22 800$ in gross yearly rents, it also said seller was motivated so im sure it could be talked down to 185 000 or so, thats over 12% annual return!

You are definitely motivating!!

They would remain rentals for me.

You are not talking to the right landlords/owners.You want one that is who is motivated.

Dan,You are assuming a lot of things about the seller's motivation and being rather negative in how you present the points.I agree that getting it under contract is important.

If you have something to sell (product or service) and that is one reason that you are here then keep the casual comments to a minimum while remaining professional at all times.

Asking price 100KRenting 900/mo through 6/2008Highly motivated seller due to pending divorce.

Would it be worth it to just wait in radio silence for the remaining 22 days and try to catch him on the technicality when he doesn't provide written notice?