@Lawrence Chun my low ball offer was declined by the seller.

We’re looking for contractors to get the ball rolling with quotes and building estimates.

@Mengzhu Rolff I'd recommend first underwriting the property to get a ball park value at the time of acquisition then run the numbers in it's current state.When it comes to commercial properties, lenders determine value based on stability and P&L's, you have to prove to them the new value through increased income

That should give you a ball park figure.An example: let's say NOI is $50,000 per year (remember, this is BEFORE debt service) and CAP rate 7

I assume that the first purchase pretty much gets the ball rolling and hopefully paves the way for your second, third, fourth etc.?

Does anyone in the area know a ball park figure of how much it would cost to repipe the entire house with pex? 

He talked about reaching out to motivated sellers through weekly mailers and low balling them offer based on the fact that they one, are delinquent on their property tax and two, they live out of state.

If you low ball, they get angry and refuse to even read the rest of the offer.

So, I was considering making a low-ball offer, but I feel like i'd be taking advantage of her by doing that, and I don't want to be that person.

Some properties need all disciplines, occasionally one does not need an area fixed, or so I am hoping...It would be much easier to hire a general contractor and just pay the bills, but have not found 'that' person here that I trust to have my interest in mind and who knows how to keep the ball rolling.