If your offer $120k, and there's a deduction for a six percent sale commission to the agents, the net sale proceeds are reduced to $112,800.

I wonder about upping the purchase price to say $1.8 mil or higher if necessary and the numbers work, and getting the deposit reduced to something manageable.

The previous owner used it for illicit activities, and was a general menace to the rest of the owners and tenants.The bulk of the work is in the bathroom, with water damage to the sub-floor, and a bathtub shower combo which was full of mold/mildew.

I would install a security system in my own house, and in many cases, it will  reduce the homeowners insurance costs, which I think is a selling point.

At that point they had a choice:1) Renegotiate with the current homeowner to start paying the mortgage again (possibly at a reduced value because it was the mortgage was purchased at a discount).- OR -2) Wait for the homeowner to miss one payment and foreclose on the property, thereby buying something for a deep discount if you don't mind going through the courts to eventually own the property.Has anyone seen this type of negotiation/deal with lenders?

I am asking this because that reduces my future cash flow assumption considerably.Let me know your thoughtsThanks 

Bulk processing of owner draws, etc.

I'm trying to reduce taxes payable by my llc by having shareholders loans count as an interest deduction. 

If costs are high, how can I approach lender to reduce?

Even if you are "losing" some money per month depending where you live,  your housing expenses are still reduced by tenant income.