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?

One would be to lower purchase price to cover those expenses and get work done after settlement before winter sets in and causes even bigger headaches when things start to fail.