@Yuvaraj Vimawala I blow a foot or more of insulation in the attics of all properties to hit r38 or higher....lower bills for tenants and hvac system savers, I believe.

Drop the price to sell, take the hit and get rid of the dog.

You probably have to share some of the profits with your partner but if it increases your hit rate on getting awarded deals, you come out ahead.Your competition is likely submitting offers with a 30-day due diligence period and then 30 days to close and few to no other contingencies.

I believe they used more to qualify the buyer than to set value but it does include a rent based value in that section.Significantly below market rents present an opportunity (with often a short term hit to cash flow) if the property value was based on cap rate such as for 5 units or more. 

@Chris Isaacson , Bank allows you to do that for internal efficiency, but you have to report gain to IRS. 

I would be happy to add you to my investor list and keep you updated with deals, before they hit the market.

Take the hit, take the rest you wind-fall and do what ever you want.Have fun with your cash - be conservative and always ask for seller financing when making offers to buy - we call it "contract candy", anything the seller can add, all the furniture, car, cash back at settlement, seller financing, a lot he may own, a home warranty - etc (also called "can-adds).

However at 6' I am able to stand in the majority of the room space without worrying about hitting my head. 

@Patti RobertsonPatti hit nail on head.

We will hit $30k come October 1st.