However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from September to October, bucking the seasonal trend.

Unless you come from a corporate job that is involved in this field, it is not a place I recommend to start.

From there every 20 point increment affect pricing differently.

Quote from @Merny Pierre: I'm following this thread, Thank you all for your valuable input.Where can one go to find hard money lenders in their areas?

You will quickly learn the ropes, earn a good paycheck, and determine whether this is a career path you want to pursue.

First off, how many people is he selling this list to?

Quote from @Or Uzi: Thank you very much @Wale Lawal! 

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

This can range from as little as $12k up to $150k.

I would look into whether you really need a multi-member LLC at this point.