I can tell you most people that bought since 2018 are likely regreting now, because today price is lower than Jan/Feb/mar already...And RE is not like stock, that changes direction every day....

Currently interested in a Buy & Hold strategy for single family and multi-unit properties on the 5-10 year timeframe.

Often, sellers end up with less money by listing too high, then later lowering the price to where the house should have been listed at.

You want $160k she's all in at $150k, you had a bad turnout in showings so what does it cost you to sit on the market and possibly end up at $150k or lower down the road?   

Then look for something that you can buy for lower than the market but rent at or above the market.Also find out what a typical rehab would cost you and break it down by major components (flooring, roof, plumbing, painting, etc). 

I've come across a 2 unit town home, upper/lower units that was marketed at $195k.

It’s better to have everything set up before so you dont lose the initial cash used to the win bid and maybe you can shop around a little bit before to find a lower rate on the hard money.

I currently own with a partner and self manage 28 doors in a lower income area with probably slightly higher than average service calls, although not by much.

Redfin has the property listed for over 2 months now and is estimating at a lower price then what they're asking.

However they might be disgruntled if you’re calling and offering them way lower than their asking which is understandable.