Additionally, they can double up on resources like FHA, which can only be used one at a time, down payment assistance programs, and even discounted down payment programs (I'm thinking about HomePath that offered a 10% down for investors up to their first 4 properties).  

The PM's I know that manage at market rate or at a discount do so only for higher rent properties in cherry areas with little to no headaches.    

Much more involved than just paint and carpet.Not trying to rain on your parade or discount your strategy, just trying to give you a little insight from a different point of view.

Maybe offer discounted rent for the first 3 months.  

As for they are not giving you anything off the electric I think that they have discounted the home with the thought in mind of what it is worth before the repairs. 

After doing more research, the company that’s selling them is called USA Discount Properties.

If you look a how like a discounted cash flow works... you need something like this...You need either: High appreciation and low cash flowMedium appreciation and medium cash flowLow appreciation and high cash flow I am sorry, if you are making $48 a month on a depreciating asset you are at low appreciation and low cash flow.

I want to say the cost is around $25 per meeting and you get a discount if you get a reoccurring membership.

I've been tempted to invest there many times but it just does not fit our model as there's no appreciation.One of my reia groups had several people go to buffalo, buy up all the tax lien properties at huge discounts, rehab, and try to resell.

Don't expect a significant discount off the listing price, especially if the property has only just been listed.