Will I have to bid close to the asking amount, or do they sell for a discount, and how much?

Others offer a discount in rent to figure it out on their own.  

However, if it is a larger property, and you have secured it for a great discount, then you need to find the buyer that is fair, and will pay what should be paid. 

Not sure exactly how much of a discount it would be, but does anyone think it would be worth it to take advantage of this?

Not sure how to best project occupancy, rates, discounts, overhead and maintenance.

(tell them you will relist at a discount 4% - 5%)Hope this helps!

just like here in Portland, mo"any inexperienced flippers will chase thinner and thinner margins the longer the market stays strong and they don't discount properly for the risk premium of a possible downturn.

Unless another investor comes along and has no problem replacing all major appliances at a steep discount, what exactly would be the exist strategy in KCMO?

One month's vacancy, with associated turn over/repair costs will equal about 2 years or better of the "discount", a good trade off.

Those are great ideas. we always give the tenant a welcome basket when they first lease the home, Toilet paper, water bottles, spaghetti sauce, sometimes a plunger... just stuff they may need or can use when first moving into the property.. they LOVE these items.. all things you can buy at the $1 store.We also send them a movie gift card and dinner coupon during the holidays and have a hand written note letting them know the owner asked us to send them this and thanking them for being such great tenants.If you are big enough and have enough homes you can normally go work a deal with a local restaurant to be able to get some discounted price off the coupon value if you buy quite a few of them.