There is a ton of saturation in the cbus market not only here on this platform but with investors in general, its a hot, competitive market, but that also means there are a huge number of garbage operators too, so do your due diligence on who you listen too, but again I can't say enough good things about tommy.  

I've been receiving some inquiries from potential sellers for a wholesale deal, and I'm having trouble figuring out the best offer to give.

So, as an investor is making an offer through a Real Estate agent/Broker using OPM, what type of verification and verbiage do you supply to the seller to show your ability to buy?

It is good practice to obtain the L&I affidavit of continuous use from the seller as this can sometimes improve the chances of securing the rental license even if more than 3 years has lapsed.To demonstrate the uncertainty of L&I when rental licenses have lapsed for more than 3 consecutive years I will share a recent transaction of mine. 

In my area sellers want "as is" but with the market not being insane you can negotiate with the seller.

If you're priced out of your current market, I would definitely look into other markets where you can find great macroeconomics, positive cash flow, and amazing appreciation potential.

But if there is ample room in the bedroom and you can take a single sink to double vanity, or add a dedicated water closet, or take a 3x3 shower into a 3x5 or larger, making the bathroom more luxurious, than I could see a good ROI on that.While the area may be very nice, the price point you are talking (and I don't know the specific market) is borderline starter home prices.  

It's been on market for about 180 days. 

Hi Joshua,Im sure you are a wealth of information in the RTP market!!

I've been a real estate investor for 3 years, at first it was going to be buy and flip but I re-evaluated my markets and changed to rent and hold.