Don't discount your time!

The more units you have, the bigger discount you can get though.Repairs & Maintenance (10% rental income) 10% is a solid amount.Utilities ($75 water / month / unit + $25 trash)Call the local utility provider and ask them for an the average water bill amountLawn care (estimated $100 / month x 6 months)$100 per month is way too much if you're buying a duplex.

a wholesaler friend of mine i know uses chicago title exclusively, but i did not know they had a snohomish office as well!

If you view the property first before offering, then during inspection find something that there is no reasonable way you could've seen from the initial viewing, and then you want to ask for a discount or walk, that is a completely different matter and totally legitimate IMO.

The time, energy and money investors spend looking can out weigh any discount.

I believe I am getting a 8-10% discount ($50-60K off) from the FMV on this property and now not sure if it worth the pain to go through the process.  

In BP, most of the syndicators I know including ourselves look at value add like class B/C where rent disparities on 2-3 bedrooms vs class A are so great that if class A gets overbuilt the discounting in rents that must occur by those operators still do not compete w/the B/C property rents even after renovations are complete.

Eric Phillips as long as you lived in the residence for two of the last five years, you could be eligible for the section 121 exclusion, which means you can exclude up to 250k capital gains tax if single and up to 500k if married filing jointly.

Also make connections with local wholesalers as they play a major role in assisting you locating discounted deals.  

The seller discounted the price of house a bit but asked us to transfer the lease to us (they wouldn't take it with them).