If so I would shy away from this scenario. if it is too good to be true, walk.

Be sure to actually go with a true Turnkey Provider, not just some online market place like Roofstock.

I always suggest making sure they are a true Turnkey Provider.

I was able to argue that similar to foreclosures not being considered an "arms length" transaction (a whole conversation in itself) and thus wasn't representative of the true market value, this owner paid too much money unknowingly and shouldn't be additionally penalized.So, you could request lower on the purchase price but you would have to be explaining to the committee how you screwed up when you bought...did a waterline burst and you didn't have insurance, the hoodlums broke in and trashed the place after purchase, etc. 

I'm looking for eviction records for Androscoggin county, Maine but the district court said they don't have anyway to look up bulk records, is this true?

BUT it's rare that someone sells a true turn-key property that far below market rates.

depending on the scope of your work there could be other options for minor flips/rehabs.If you're doing true flips, builder's risk policies are likely your best option.

Speak logic and respect to justify your offer by showing the true worth.

Then, whenever you think the 'true' bottom has been reached, do one final "to rule them" all refi like Lord of the Rings and buy the rate down on that last one.

I neither of these were true, I don't think there would be a value proposition.Best, Terrell