Obviously, you can Try to negotiate, but there’s no rule of thumb here, just how bad the seller wants to get rid of it..

In either case the numbers have to work and you should check the rules if you aren’t planning on occupying it.

Opportunity Zones were only just published, and the Dept. of Treasury/IRS is still working out the rules. 

However, there are ways around it, such as having tenants deposit something other than cash (i.e. money orders, checks, etc), or just set up a business account like I did because these rules usually only apply to personal accounts. 

What rules do you abide by?

Given the positive monthly cash flow and using the "1% rule" I decided to evaluate it.  

I work a full time job and so does my wife so we're working on real estate on the side and aren't particularly wealthy so we're funding through frugality.Here's the situation.We live in ATX where buying property is generally expensiveRents are relatively low compared to Home Values and the 1% rule never ever comes close hereWe currently own 2 duplexes. 

Now these are cash out loan rules for Fannie/Freddie loans (if you recognize those names). 

We could also use the attorney as the trustee, but that is sure to generate legal fees.Anyone on BP have an opinion or rule of thumb on this?

Just like the 2% rule that changed to the 1% rule, to now investors think any cash flow is good.Just keep looking, you'll find something.