numbers game.

YOU cannot win the game of credit without understanding the rules..... funny how these rules are nowhere to be found on any of the bureaus websites nor will they send you the rules if you request them.

Careful with friends.Buy and hold on Lease Options is the game right now.

From that point, you probably want to start lower as most sellers will want to play the negotiating back and forth game, so better to start lower and do not go over your set max price.Also, identify the average vacancy rate over the last 10 years+ and include that in your expenses.

I'm working with a local (and very established) realtor to help me develop my plan, but I think there's an opportunity to tilt his recommendation to his benefit.

Then you go and negotiate the best deal for yourself because you're keeping everything below your buyer's estimate.This is how I prefer to do it.It just requires close relationships, and this is a people business first, and a numbers game second.Paul

This should give you some idea of how they operate.Most PMs talk a great game, and when push comes to shove, many fail.

Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government.

There are a lot of games sellers and brokers play with respect to leaving out expenses, so take the time to understand every possible expense when you are performing your underwriting.  

This is a number's game..make as many offers as possible and you will come across at least 1 good deal.