This is my very first offer to ab absentee owner for a condo in an HOA building. I offered .70 cents to the dollar sight unseen. The seller has asked if that is my final offer or if I would be willing to give a highe...

However if I am out walking a 20 acre hunting parcel, or falling down farm house that may be perfectly acceptable. 

In the real estate world, a fine line exists between protection and acceptable risk.

It seems like it has the potential to be a decent house hack where I can live in one side and rent out the other side, but I am analyzing it as if I were renting out both units.Here's the overview:Seller accepted my offer of $90,000 (they were originally asking $95,000)Similar sized duplexes rent for around $1,500 total ($750 per unit)The total gross rent would be about 1.6% of the purchase price.I can get a conventional 30 year loan @ 4.5% interest, with a 5% down payment.Mortgage payments with PMI would be around $469 according to mortgagecalculator.org (not including taxes or insurance)Using the 50% rule of thumb to estimate expenses, I might be able to cash flow around $140 per unit.Here's what I found out when I went inside:There are 2 new forced air furnaces.Updated pex and PVC piping.Updated electrical wiring with separate panels.2 old corroded hot water tanks.

I would not accept that attitude from an attorney and If i were in your shoes I would not work with this attorney on this deal, even though he or she now agrees to. 

In this particular scenario it doesn't matter because the owner is not accepting offers for 5 days. 

I have technically been accepted into the Associate Agent position, and I'm leaning toward taking it and doing showings on evenings and weekends.

Note: softness doesn't mean a crash -- it just means that there are fewer offers accepted within the first few days.

But once I went to the invoice, and applied the credit from there, it just accepted it and done with it.

My wife is tough as nails and I know she'll be down to take any path, that being said I think if it was up to here solo she would just sell the place and accept we'll be working our whole lives like everyone else.