I have clients that exercise various strategies that work for them based on their experience (comfort level). 

Everyone has a different comfort zone for temperature, so if they want it cold, they can pay for it.

@Danual BerkleyI think having the personality or ability to not take F-off personally and go with your game plan.If the worst that can happen is a seller telling your to F-off that is not that big of a deal if there is one seller that says OK.No one is saying that every offer is going to get accepted or that it is comfortable making low offers. 

Thanks for any thoughts.You can go as big as you feel comfortable with. 

The roof they probably thought was very secure because they paid off the mortgage a long time ago.So, what I'm saying is: you should be free to take any type of risk you feel comfortable with, but take that risk YOURSELF, not by messing with your parents nest-egg/future. 

We are interested in several other strategies but are starting with the one we feel most comfortable with!

In thinking about your first renovation projects, how did you get comfortable determining the costs of rehabs?

Definitely do it, if you are comfortable.

You’re getting me to open my field of vision and reach for something out of my comfort zone, something bigger.

I invest mostly in southwestern-ish Ohio (Springfield and Dayton), which has provided the returns we wanted in areas we are comfortable with.