I'll have my wife "write" the letter as I think that will be better received, and specify that we're looking to move closer to a certain location, the school district, etc, as well as that we'd pay fair market value and can take on repairs, etc.Opinions? 

That quote seems reasonable but for a little more you could upgrade to more durable flooring that's water resistant and easy to repair. 

Next time, All repairs paid for by the buyer should be done through a fully funded escrow account with the owner signing off on the scope of work and city permits. 

A head-scratcher.

Long Term Option would be the best bet since the repairs aren't really for a major value add Loan Amount 187k Rate 6.7% (Depending on credit score) Origination 1.5 to 3 points30 Years Amortized 3 to 5 year fixed

-Do you include repair values or rates on this or have separate sheet for rates?

Would love to network with anyone who may want to share there knowledge of the area as well as strategies to get ahead in the market and just simply best ways to get started.

If you only have one tenancy that needs to be terminated you are way ahead of the curve!

Find your clean-out plugs for main drain ahead of time to possibly save headaches.6.

Is the 20% for Misc repairs and vacancies?