@Arthur C.From a financial perspective you are prolly worse off with the $412,000 offer if you are using a real estate agent.The real estate agent will take 6%(whatever % you agreed to) off $412,000 instead of $400,000.6% of $12,000 is $720There may also be other costs associated with selling it at a higher gross cost(each county is different).I can understand why the seller would want to buy it for $412,000 with the $12,000 seller credit.

And if your tenants stay longer than 2 years, then your placement fees will hit less often.But the point stands: the base rate is only a part of the net cost of PM service.I'd love to hear from other BP'ers: what do YOU use for PM cost in your analyses (or what are you actually paying).

I know this is is never part of the guru seminars about how landlording can assure your financial freedom, but this is how our world works when you're dealing with people like this.

If you're not interested in women, no judgment here, but I suspect when all is said and done the same financial realities are going to be completely true about gay people -- overwhelmingly, long-term couples that fight to stay together and build their financial future together are the only ones that have a chance to make it.

I've been working since the day I turned 14, and I currently work for a law firm and a financial adviser.

My Purchase from a Cash Stand Point.$150,000 * 20% Down Payment = $30,000Make Ready Cost = $30,000Total Cash out of Pocket = $60,000If I had bought the Property at $200,000$200,000 *20% = $40,000Make Ready = $0Total Cash = $40,000 (Or $20,000 less)The other area that is subtle is time to Cash Flow as my Cheap Property approach meant I could lose up to 6 months+ of rent if I bought the cheap property for 150K that was tenant occupied and paying under market. 

But it's very common in a commercial lease for the landlord to get a percentage of the business' profit, so you wouldn't stand out. 

They are now standing firm on 92,900

There are jobs that I wouldn't mind grabbing somebody standing around the Home Depot parking lot for.

Now, please help me understand what you mean from your stand point as an investor?