We do get a trivial discount for high-impact shingles but every little bit helps. 

I have been trying to make use of the 10% monthly discount at Lead Propeller available to Bigger Pockets Pro member on the Perks section, but it doesn't seem to show up on check out. 

In the examples and statements I made here, I was intending to make the point that someone found and bought the properties at a significant discount, using a wholesaling lead generation system.

My thought though is that if there is truly a taxable gain incurred in a mod scenario after having purchased at a discount, I think the strategy to avoid that would be to use payment plans and deferrals of arrears to help the borrower bring their loans current over time. 

I actually found someone on BP and was just going to discount and dump all of them through a local agent when a third rental management company was suggested. 

Cabinet Program: Exclusive Discounts for being a NREIA Member that are not open to the public..

And I get that they want their buyer to have cash flow day one.. but that does put stress on tenant placement.. so one has to be very careful with this approach and one should not just out of hand discount the turn key company that separates these duties..

Don't count on getting a discount even if they are ok with the terms.Outside of that you could use another property to secure the loan or get an unsecured loan.

Huge tax breaks, near 0% vacancy loss, and a substantial discount on the cost of the property seem like good reasons. 

A few pointers:Do as many as you can before you have kids, because having small children will absolutely kill this strategy, bless their little hearts.You are smart to buy distressed property at a discount, then put some sweat equity in to fix it up.