So the "high equity" thing may just be paper, go get it realized.

I realize some of these answers are generalities, so if you want more specific answers, please let me know.  

Not sure how many doors you have, but when you get to your 5th broken ice maker you realize the math just doesn’t make sense.

My wife and I bought our first STR in April (Smokies) and it's going well but we realize we want to start focusing on single or multi-family.

Because as I think more about it I realize i could do almost anything!

So have your LTR tenant sign a separate document acknowledging that they realize there will be transient guests next door.

The true benefits of real estate investing are realized when you hold.

I mean a general recession, we had flat/negative GDP the preceding quarters, S&P down 20% +.Not sure what more people want.What folks don't realize with investor saturation, tech, and everything in between, the market has a profound way of realizing positions and getting in & out of them to where the markets overcorrect and sometimes move so quick all the juice in it happens to squeeze out so fast.

Ross:Here are my thoughts:1) "As is" basically says to me they do not intend to give a discount because you suddenly realized the roof needs replacing. 

I realize the true answer is "It depends" because each situation will differ based on the property, the location, the seller's situation, my situation, etc., which is why I ask about a standard/average deal.