Most Landlords wait until a problem appears, then they try to figure out how to handle it, which puts them behind the 8-ball.

Worse case scenario, you low ball them dramatically to set a really low anchor.

You took action and got the ball rolling which is always good.

6 months ago they were balls to the wall lets get 4 properties by the end of the year!

I was also concerned about offending with what may come off as a low ball offer.

I am in your same boat, i'm excited to learn and get the ball rolling!

There have been a few low ball offers but now there is a guy that is very interested.

It doesn't matter what other people are buying distressed properties for, and I don't think that number will tell you what you need to know.Ask your agent for comps of the home after it is rehabbed and talk to contractors about the cost to rehab, or use something like the book on estimating rehab costs to get a ball park.Timeline will depend on the extent of the rehab and the reason you think its a good deal.

Wholesaling = "low ball offers..." and "cooperation" is a very marketable = "convincing," USP!!) 

The advertisement for it shows them flushing a bucket of golf balls.