Due to this though, I believe a lot of fix and flippers who are not as well experienced are not as profitable or may not be profitable because bank owned and lower priced assets are not as heavily discounted 

hi from austin tx. so been hanging around here trying to figure out how i wanted to get started. well figured it out. i am selling my house, cashing it out, because i do not want to use it as a rental. bought another house that i will hack then turn it into a rental in a cpl years but in the mean time i am looking at additional properties in areas outside of austin even out of state.my goal is 10 properties before i retire, from my current job, in 6 years. i am looking especially in rural areas.

This also keeps you from having to go back to the utility to pay additional deposits or provide references - every time you lose a tenant!

I don't really know a lot of rehabbers in this market that's in over their head and willing to give up their property at a discount.

To get a really good discount on a property, what are some of the tactics you guys use to shave 5, 10, 20k off of the asking price?

Also in this NYC market you have to look for properties that you can solve problems on if you're looking to get a discount, extensive renovations, problematic tenants, DOB violations, etc... and for those type of properties you will need cash or access to it.

This can be tricky from a warranty perspective as if one is the plumber and you have a massive leak it will be very difficult to determine which sub caused the damageNot to see it can't be done, but it should be at a considerable discount

In Texas, we have earnest money in addition to an option fee.  

In addition, is the property rented or not, is it Section 8 or Regular Tenant.

Respected for his unique blend of creative and analytical thinking underpinned with a commitment to collaboration, intelligent risk-taking, entrepreneurial spirit and leadership presence within dynamic organizations he knows how to keep it real and close the deal.In addition to his business interests, Mark is involved in numerous community outreach and volunteer organizations including the South Brentwood Residents Association (advisory board member,) local homeless advocacy group The Giving Spirit (chairperson-fundraising, community outreach,) American Youth Soccer League (referee and division mentor,) and the Girl Scouts of America to name a few.