Most of mine are in low income areas.

Low income tenants will find a couch for free on the curb and bring it into a property or get second hand clothes that has not been cleaned.

Very efficient units with LED lighting throughout make energy bills very low!!

There is expected to be low voter turn out for the August election, so only a few votes could make the difference.

I found a agent (who wasn't investor friendly), they gave me a lender (who was terrible), who gave me a title company (who messed up the closing continuously), and finally the insurance person (who gave me too low of coverage).

I met another STR the other day who has what would be considered a low-end home around downtown, yet he is perpetually booked just based on the demand to be close.

If I do successfully buy in LA, it will likely be a long-term buy-and-hold as I'm very bullish on the 10-15 year horizon.Unsure how hard it is to get approved for these low down payments.

Credit score is in the low 700sI'm looking for a new primary and would like to use this as a rental. 

Should I just put in the low offer and let it sit until they decide they’re not going to get more and just hope there’s not some other crazy buyers willing to go too high?

Longer answer below :)I'm glad you have vacancy in there, although 3% may be a tad too low depending on your market.