These A type assets seem to appreciate much faster than my B and C type assets and it is not uncommon to see multiple applications arrive at your email within the 1st week of listing the home for rent.For my buy and hold I like to buy A type assets from motivated sellers at a 10-20% discount less than 10 years old.For fix and flip, my criteria is look for homes built in the 1990s in the A type neighborhood where I know homes in the neighborhood will turn quickly.James  Originally posted by @Jamie Montpellier:Dear BP members,Here's the thing, we constantly hear about buying value right from the get-go and so I wish to know if buying turnkey properties in A neighbourhoods is a no-no because the value is already priced in...Or should we be bargain hunting and looking for :B type property in A type neighbourhoodC type property in B type neighbourhoodWhat do you think?

It is not reasonable to discount for functional items just because they aren't new.  

The owner tells me they are motivated to sell and willing to considerably discount the property for a fast transaction, without realtors, commissions, closing costs, etc.  

You can also refer leads you get to a Realtor when the there is not enough equity, or the lead does not want to sell at a discount and has time to list it (ie. not pressed to close fast for cash).

Maybe I can still qualify for a family discount based on the name similarity...I'll have to look him or her up!

Different from a standard bill collector because they go straight for the paycheck rather than wasting time with calls and letters, but the tenant has to be employed and you have to know where.

Someone withholding the owner's security deposits when they (the owner) is taking over management should be relatively straight forward.

Volunteer labor, donated supplies and materials, deeply discounted materials provided future forced equity.

If you think it will be, discount the price accordingly and see what happens.

Straight up buying a property then reselling it will be a different story.