In many real estate markets multi family price per square foot is lower than attatched single family price per square foot.

If you have lower return targets than I do, then perhaps there are lots of properties that generates ok returns. 

Should we try to ask for lower maybe $50,000 since there are so many costs, walk away, go ahead at $70,000?

Should we try to ask for lower maybe $50,000 since there are so many costs, walk away, go ahead at $70,000?

So I shot for lower profit margins and was willing to be a little less picky on the property and it's location.

You can of course explain that reducing your expenses helps to keep their costs lower.$200 seems pretty reasonable.

One of my places was not renting well in June and when I lowered the price a bit, I got a bunch of bookings for July. 

Alternatively, should I just wait until 2020 when interest rates are higher and prices are lower to invest? 

Properties will be old, most on the historical registry, cap rates will be 4-8%, & prices high. 35204 will be lower prices & somewhat of a forgotten area of Birmingham.

I understand this will lower my credit score and as multiple lenders each get my credit score/report, I am concerned that it will heavily impact my credit score negatively.Are there strategies that you recommend to workaround this or is there a way to do this effectively without heavily impacting your credit score?