A lot of houses in the area are selling at a discount because they need to be updated or have their foundations raised to properly prepare for flooding.

They would probably offer you some sort of discount to sell your house but I would recommend doing your research and talking to at least three listing agents before making your decision. 

We’ve found Brandon Turner’s free Wednesday webinars to be helpful and he’ll usually offer a discount code for newbies who want to sign up for a premium membership.If that doesn’t interest you, I’d recommend downloading or buying a hard copy of Brandon’s “The Book on Rental Property Investing”.

If you are concerned with being underwater after you purchase a property then only pursue deeply discounted distressed properties.

As a general rule, if you do work to improve the building it increases the assessed value.But the amount could be negligible in the end and there could be a delay of a year or more until it affects the assessment/taxes.For example, if the assessed value increased by $10,000, taking into account the 40% discount on assessed value for owner occupants and applying the tax rate of 24.56, would only result in $147 more tax per year.

Therefore, the purchaser has discounted lease-up costs, leasing commissions, etc.Hope this helps, just to add I would 100% rely on a 3rd party appraisal.

I think it's extremely generous of you to offer 10% discount and to offer buy a portable A/C. 

Let’s say the State buys a home at tax sale, then I buy a house straight from the State, does that entitles me a tax deed to avoid the 3yr wait?

WE DO NOT mark-up eviction lawyers (in fact we only go 2x a year for 200+ units and mostly for non-payment - life happens)WE DO NOT put in deadbeats or troubled tenants we will need to evict (we have to deal with them - really, life is too short)WE DO NOT advise our clients to buy in crappy neighborhoods or buy crappy buildings because they are so cheapWE DO NOT put our clients in harm's way legally because we know the legal landlord/tenant laws and what to avoidWE DO NOT take on Landlords that do not see the value we add and want to nickel and dime good quality servicesYou must have had a run in with a REALLY BAD manager to have such a skewed view of the industry.WE DO screen for 3.75% rent/debt ratios, evictions, crimes, felonies, level 3's and ALWAYS cross-check in our networkWE DO screen out landlords too because let's face it, there are some bad ones, and we don't need their business eitherWE DO market the snot out of our rentals on over 30+ apartment sitesWE DO market with pictures, videos, BLOGs, website, referral programs, word of mouth and our landlord referral networkWE DO know title-real estate-eviction lawyers, contractors, REALTORS, and have a wide network of professionals on callWE DO get discounted rates and preference on service because of the volume of work we provide our contractorWE DO have a 100% guarantee on placed tenants, if they default within 12-months, the next tenant placement is free on usWE DO frequently see the property and build relationships with the residents AND neighbors to be boots on the streetWE DO know which landlords are selling before the hit the market and give pocket listings to keep the management contractIf this ain't worth $85 bucks, let's keep going.

We have had a couple that were laid off and had to pay part way through the month but everyone has paid in full with no discounts needed.