Specifically, I would set a rental price at market and then offer a discount to specific types of establishments.  

A brokerage hear in Laredo gave me a discount code that saved me some cash.

That's my impression so far, that the discounted properties are scarce and finding things that cash flow in terms of buy and hold are few and far between.

For example, I usually give these tenants a discount off of their rent to shovel snow. 

Letter of intent basically goes over what you're offeringI like to keep my three offers simple and not ambiguousAs an example let's talk about $100,000 Comped house, Low equity, say 95,001st mortgageThere's no cash offer there, 70% of ARV is  70,000No seller in their right mind would discount the property that muchSo you have a sub to and a lease option assignment-------From Brian Gibbons, xxx-xxx-xxxxDear Mr. seller,This is a letter of intent to discuss your property at the address 123 Main St., city state zipAs we talked about in person, there's not a lot of equity in your property, and it will cost you approximately $10,000 to sell with an agentI can offer you two options, and please tell me which one you preferOption one is where I would take over your payments, close in seven days, and whatever your principal,  interest,  taxes and insurance are, they would be paid on time for a period up to three years.

I will give you a discount because your a future real estate investor (just like me).Hope this helps a lot.

They should be able to identify major problems with title to properties which will save you from investing much time on them or assist you in demanding the appropriate discount if you plan to make an offer anyway.

Their fees are not cheap, but ultimately worth it in the end for finding a great discount on a property, as well as keeping you out of trouble.  

To make money for the members, the club needs to provide a mixture of education, networking, and discounts that should far exceed the price to become a member.

I wanted to know the BP position on this.Specifically, when the note strategy is 1st position  with clear title, 40-50% discount, from UPB or FMV (verified by BPO) whichever lower, 12 month foreclosure state, owner occupied.