Its the golden rule: he who has the gold makes the rules.

Keep your eye on the ball and have some empathy for people who are having a hard time right now - tenants with actual hardship and landlords who are getting jerked around.The REAL enemy AS ALWAYS are the banks.

I don't think there is a golden rule.

In an attempt not to just completely come in with a low ball offer I was attempting to understand what value does this double lot really add to the value?

Maybe the appreciation will help out some in 2-3 years, but I don't have a crystal ball to say how high rents will be in the future.New construction in the area starts around the mid 300s and rents are about 2k for the area.

Millions of Americans unable to pay rent during the pandemic.So many in financial burden that threatens to deplete their savings Some government action is protecting many, but not enough.Hey, my crystal ball is in the shop but I do have common sense.I speak to investors from the small fish to whales.The ones that own Multi-Family (including myself)... its ugly.It could take renters (especially low-income) years to recover.

It's kinda like you are killing the goose that is laying the golden eggs just to get a single egg.

@Dahanayaka De Silva Given all the cash you have in hand my recommendation is be patient and keep looking for the golden opportunity.

That way you can get the ball rolling while you spend some time learning the various neighborhoods and where you want to stay away from.

In an attempt not to just completely come in with a low ball offer I was attempting to understand what value does this double lot really add to the value?