In fact, a line in our PM agreement says they reserve the right to lease the property for as much as 10 percent under market and they will make an "effort" to communicate the price reduction to the owner.

Hi Justin,Lease Option Assignments work, especially in nice school districts.I call on-Expired ListingsListed HousesFSBOsLandlordsI explain 3 situations to home sellers:If you sell with the agent, what the costs to sell are - commission, -closing costs, -seller's concessions, and - maybe a price reduction if not priced to meet the market,these costs can approach 12 - 15% of appraisal.If you rent, you have an unproven tenant that could care less about you the rich landlord.

Considering i can get my money back in less than 3 years < with all the added appreciation and reduction of principal> i think my ROI is at par.This time is too good to pass when you get a property at half the replacement cost..

Also, I felt that once I had a 10k reduction that it left me some room for a new hvac or whatever was wrong.

You open yourself up for liability if they fail to complete the task and someone is injured.By the way, I don't recommend a rent reduction.

They will at some point and I'm slowly starting to see DOM increase, reductions and lower sales price percent vs asking.

I'm seeing wholesalers here in AZ asking 80% ARV flat (no reduction for repairs).

Agreed to a price reduction from the PM from $600 to $500 and still no renters!

You would also ask for a price reduction or credit after you are in escrow if it is something in need of repair soon. 

I'm looking to make an offer on a townhouse that is listed at $130K but there is a comparable unit next door that sold in March for $116K (DOM 72) it was originally priced at $125K and had a price reduction to $119K.