Asking Price is 556k        Appraised Value "Sales comparison approach" 598k         Built in 2004Decent location in the middle of townAll units currently rented "Units leased are 1 year leases" Unit A Leased Dec 2018 $775Unit B Leased Sept 1 2018 $700Unit C Leased Nov 2018 $900Unit D Same renter for 3 years, month to month current rent $850, they are upping the rent to $900 in Feb 2019Unit E Leased Oct 2018 $900Unit F same renter for 2 years, month to month current rent $850, they are upping the rent to $900 in Feb 2019Unit G Leased in April 7 2018- March 31, 2019 $700 Unit H same renter for 3 years, month to month current rent $675, they are upping rent to $725 in Feb 2019Total current income = $6,350   After rent increase next month income will be $6500Expenses - Tax $817- Est.

All of that would change how I approach him and try to negotiate with him to make it work.

HOWEVER, since anxiety is a legitimate medical condition with which a service dog can be required, many times, just the approach of the discussion prompts a panic attack since the questioner (in some cases) is less than cordial in their asking OR the service dog handler anticipates a confrontation that may never take place in the first place.  

I am curious on an approach for newbies.

However, I am not sure how to approach the subject without making some stupid mistake.

It sounds like the only way to approach a project like this is with lots of experience/cash/time.

I would just approach and say  man that’s awesome and everything ! 

Beyond adjusting the offer/rolling the commission into my calculations, I'm curious if anyone has strategies for approaching owner-listed properties with a buyer agent.Thanks!

I'm just looking to get an idea on good approaches to gaining rental properties.

I believe of a more hands on approach.