In this instance we ultimately secured it $15k under the other offer on the table.

I pulled eviction proceedings off the table and settled in exchange for the tenant, who refused to vacate after her lease ended June of 2020, to apply for the funds. 

The  out of state buyer is coming to the table with $200k to leverage against the locals. https://www.kvue.com/article/m...

While that deal did fall in your lap a $50,000 - $60,000 return is not unheard of especially if you did most of that renovation yourself or at a discount due to the skills you bring to the table.

I may be leaving a little money on the table by "over improving," but I have been renting seven units for the last two years and I have yet to lose a tenant or miss a month's rent.I recommend making your units nice and screening your tenants diligently.  

I believe you will find, and regardless of who you speak to, every market brings something different to the table.  

So when the market is skinny and deals are tough to find does that mean you’re gonna go wait on tables at a restaurant?

Before partnering it is important to figure out what you are bringing to the table.

In this case heres how I would handle it and this will make everyone happy. 1- Take the cash offer off the table.

You would have to get a seat at the table to have some control of the board.