I did have a dream about snagging the whole thing for the opening bids of about 30k(15+15)-and that would have been sweet.  

It took a lot of work and some money just to bring it up to rental condition, but it has been a very sweet deal in our portfolio!

Originally posted by @George Wines:@Jd Martin I think you were forgetting that the price of an asset is determined by the perception of value and that could change in lock step if panic strikes.

For me the sweet spot is a minimum of 4 units but it all depends on the location and price.  

Sweet spot.So, to me, thats one suggestion I have for getting the banks to come down. 1) Stick to offering on houses that have been sitting awhile.2) If they come back with a counter, then give them a counter back but only about 1k higher.

With the expected profit of about $70K and only couple months of work this is going to be sweet deal for them.Would love to hear from other local investors in the area about their experience and how they make numbers work."

They don't have to give this info out, so get ready to "sweet talk" them and be really nice on the phone.  

Hope u find your sweet spot!

I just hope you didn't get rid of that sweet pink and blue tile in the bathrooms!

Other than that, they do take thier sweet old time in responding.