We offered on several homes before ultimately deciding to open our search a bit wider.

By charging below on rent, you're losing profit, and by overcharging, your properties may end up sitting vacant, which ultimately will cost quite a bit.

Ultimately, you can make any offer you want but you do need to understand the sellers reason for selling.

@Michael GondaIt ultimately comes down to what you want to achieve with the equity.

For personal reasons we ultimately decided not to pursue this business model, but now we have this property.  

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

But ultimately, balance what works best for your finances and your life goals.Good luck with your decision!

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

That experience pushed me to grow, learn, and ultimately do what I’m doing today—helping others create successful off-market real estate strategies.

There was one instance discussed in the forums with a syndicator called Norada (you can search the forums for that name) where they not only stopped paying dividends, but also converted everyone’s capital to an equity position - which is code for “We don’t plan to give your money back unless we can survive to eventually sell the building.”