Big banks and banks in general often do offer great terms for jumbo loans, especially if you are willing to bring your assets over under their management. 

I made an offer on the spot!

I feel like if they had a death in the family or something like that we should offer them a stay at a different date for free since they already paid.

Emerging neighborhoods just outside of prime areas can offer more affordable purchase prices while still benefiting from the demand of nearby hotspots.Remember, the best plan is one that aligns with your financial goals, risk tolerance, and lifestyle preferences.

I'm looking to buy a rental property in an LLC with funds a parent has offered to pay in the form of seller financing.

I like starting in the Midwest because it's affordable and offers good cash flow.

you have to have more patience than the people who want to look at 3 properties, make 1 offer, and be done. 

Even after finding a qualifying building, if you can use the new 5% down program you may find less resistance to your offers since sellers often don't want to deal with the additional inspection.

I have experienced cash flow anywhere from 10-18% with so much more to offer.

That being said, going forward I wouldn't wave the inspection period unless there were other offers or you knew for sure it was a killer deal.