That said, my day job is in multifamily leasing & we have our ways of attracting lots of no credit, first-time renters who become model tenants.

You have the military out there bringing most of the business there but that is pretty much all and some vacationers for Joshua tree.

Its an attractive area as it borders Brooklyn & Queens and is in walking distance from the J, Z, and A trains.

Figure out if working in these neighborhoods is a fit for you and the type of clientele it attracts.

There’s a lot of variables at play, but if you have a solid way of attracting and placing quality tenants I don’t think the time of year will hurt you.

Regardless, the simple equation of quantity x unit cost is attractive for high level proforma but you need to specifically define what the quantity represents and what the unIt cost includes.

And when prices do get attractive, they get fearful and ....keep waiting.

Helping a seller avoid a pre-payment penalty may also make your offer more attractive, and even get you a slight discount.

Anyway, a seller concession can theoretically make your offer less attractive but with a clear understanding and presentation there is generally a way to account for one or at least a portion without adversely effecting the likelihood of a positive transactional outcome.

That said, would you find a deal attractive as a buyer to purchase the home for 37K (very low price for the area) in trade for leasing it back to him at 500.00 a month for the next 8-10 years?