I think they offer a discount if I sign up with a partner.www.thereimanual.comThanks Andrew.

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

Is buying a depressed property at a steep discount, arm‘s length?

I had most of the repairs done over the weekend, so far the total is at $350(I'll pay $350 worth of repairs for a $25k price discount any day!

I think you will be negative Cashflow unless you get a great discount.  

Someone willing to buy property with a long time squatter in place, will want a big discount for taking on that problem.

Several of the homes have been typical joint ventures with private investors where we provide the labor and expertise at a significant discount, and the investors fund the project (acquisition/rehab cost).

You will essentially be wholesaling the properties, but instead of doing an assignment you will own the properties out right and you can sell for a discounted but profitable price.

. - I want to buy the property at a discount so should I:       A) buy a property that appraises $160,000 for $140,000 and use the appraised value for the math?       

I don’t have their secret sauce but :You could do a small direct mail campaign with personalized material (since there really aren’t as many multi family deals) arriving on 5th of the month when payments could be pressing and rents past due to a list of landlords with recent evictions, liens, and possibly with out of town owners.Essentially it’s putting yourself in the shoes of how you might have sell something discounted and off market and then reverse engineering the ways you can identify that scenario.