@Linda S.I dont think anybody would go 25k higher then initial offer they already submitted.

@Val Jaz just FYI you can change your name in your profile settings to just show your last initial as a lot of us have done, and I believe it will retroactively convert all your old posts including this one to the initial version, less likely to pop up on top of a google search that way, might not be a bad idea.

If I was to put in an offer for that property my initial gut instinct is to not work with him to put in an offer on a property he is also listed because of conflict of interest. 

Initial investment; Intro to REI How did you find this deal and how did you negotiate it?

Now they don't run background checks, but can verify the person is who they say they are.To allow certain people to view the property in your absence, there are locks now that use Bluetooth to unlock them.

This wasn't looked at as a deal initially but a desirable place to be located as a younger 20 something.

Does this sound like a fairly accurate way to calculate my initial deal or would you be factoring in other things as well?

I am wondering at what time period the COC is measured and if the initial COC is below 10% but grows to 15% or 20% or more within 3-5 years is that an acceptable return for a buy and hold investor?

It took a few months to hear a response, but eventually The bank counter offered with 40k instead of their initial 60k.Lessons learned?

It was overwhelming initially but I am getting used to it as I gained more knowledge.