Hit me with your best tenant from hell stories in the comments below.

The problem we are having is almost half of the finished house square footage is below grade which is a walkout basement. 

Second Home PropertiesThe table below provides the requirements for second home properties.

@David Hanor I'm a Realtor (likely not in your area, just for reference sake) and would have no problem submitting an offer at any point below list price AS LONG AS it was a number based on your analysis.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

loan costs as a percent of purchase price for sfh dont make sense. with cash you can use a fast close condition to push seller to accept a below market offer. when you finance you are better off to go for a larger property. i financed both my duplexes in bklyn and parma at purchase time. for all of my 5 sfhs, i have used cash and then refinance later

I recently had a client propose the below question in regards to the client transferring ownership to a new investor, but still being the point of contact and decision maker between the PM and new property owner. 

You can also buy lists of cash buyers from findcashbuyers.com or similar services, or simply use Trulia heat maps to filter for cash transactions in your target areas and build your own lists.

I try not to let rents get more than 10% below market rate.

The tenant did not paint match the white walls so you can see the mismatch in the living room below.