He could discount it if he wanted to, but he may not want to if the market is hot.    

My issue is it's a SFH rental and the lease ends in the summer when the rental market is hot. 

@Julie McCoy is, of course, spot on.Pinellas and Tampa Bay are hot markets and there are a lot of investors buying for STR / Short Term RentalsI'll point out that, since we're in almost the same market, you know that it's almost impossible to undersell a property. 

Market is very hot...Would you compete with everyone else?

I am starting my own local wholesaling business with residential property around Burien because while Burien is currently a hot seller's market for homeowners, I believe there is opportunity for growth in residential property wholesaling to connect sellers and investors.  

I like Vegas for a few reasons personally even though there is NO turn key there1. desert air.. maintenance is minimall NO hail  no shifting foundations and no sky rocketing property tax's  ( as oppossed to Texas were all this is common place.. sky high property tax's  shifting foundations Hail ( new roofs think of your deductible)  etc etc.but there are plenty of markets out there.. as much as anything is about PM but if your in CA and in Oakland I think another good play is parts of Richmond that don't have any rent control. find those..

Specifically Desert Hot Springs, as it seems that you can get a nice 3BR/2BA with a pool for under $250k, and based on AirBnB searches, there is a fairly strong vacation rental demand in this area.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

If anyone owns property within the City of Toledo in Lucas County, OH you may end up getting a Department of Neighborhoods Violation Letter. There seems to be a concerted focus to this year to aggressively pursue blig...

But here goes.....Right now my rents are 8350 per monthInsurance 2600(used to be 1600)Taxes 2800 or soWater 1500 a yearUtililities 1440(hot water only)I spent 2500 for a new roof and all appliances are less than 3 years old.