I can guarantee that if the seller is motivated enough to accept ZERO down, there is likely a ton of deferred maintenance just waiting to be discovered after closing.It's unclear whether the property is currently occupied.

Now if it resulted in $600 more rent, you would be at 10% which looks much more acceptable. 

It’s a shotgun approach to insurance, in that they shop the entire market and find the companies that will accept your risk instead of you, yourself calling 10 insurance companies and wasting your time.

No HOA, ~450/mo insurance (expensive, high fire area), $400/mo other utilities. 3% maintenance reserve, 3% closing costs etc. 3.2% 30 year fixed 20% down mortgage...could likely shop for better terms with an accepted offer.I'm assuming 20-30% of home value depreciated in the first year via cost segregation study and purchase price of 1.55MM which is an "outlandish" bid well above asking I'm considering but am shocked at how the numbers are still working. 

Some things to note are that we are investing as a 3 person group, we are hoping to get our first property(our offer has been accepted and is now in the due diligence portion), all 3 of us are on the loan and will be on the deed for our initial property, and we plan on pursing an attorney for future properties, exit strategies and whatever else we have to cover.

I feel for these kids the most but that doesn't mean that I would necessarily accept that mom as a tenant if she couldn't live appropriately in the home.

And the incentive helps emotionally accept that small increase.

Our realtor was so helpful with this deal - since hardly anyone was in the market we had a lot of leverage and we simply set a deadline for when our offer would stand and if they didn't take it we were out (they were getting minimal offers at the time).They accepted our offer and we closed May 7th of 2020.

Hi Bryan, congratulations on getting your offer accepted - not all that easy in this market.  

Their purpose is to accept service of process or legal notices on behalf of your business.If you're not comfortable listing your personal physical address as your business address.