They can help you with your specific situation and they know current state of the market.

Though the tenant has yet to make a specific mathematical proposal, he has left almost a $1k past due with the water dept as the lease comes to a close and has proposed that this is the amount for making it right.

You can ask your agent, but they probably won't give be able to you super specific information unless you already have an area in mind.

@Hadar Orkibi I am more asking about the R&M specific expense line.

Andrew,I can’t say anything about specific refinancing, but The Farmers Bank has been great to work with overall on my personal mortgage as well as purchasing my first two properties. 

@Wayne Brooks  I don't know about your short sales.. but I know when my wife did a few and one specific I remember was a dentist who wanted to be a flipper  and was upside down about 100k.. the bank made him sign a prom note to release him.. so even though my wife closed the short sale the doc still owed 100k over time. 

Knowing the specific locations will allow me to determine the contact.

I am speaking specifically of Orleans parish (county). 

I avoid giving specifics on non-credit/income denials. 

Still in the early stages of conversation but got some beginning information and wanted to see if this was worth pursing:Asking Price: $550,000 (I already assumed that was too high, trying to figure out a reasonable price to offer)Income: $4000 a month (believe there is potential for rent increase (waiting on specifics of each unit))Expenses: $900 a month (Water, Garbage, Taxes, Insurance, Maintenance, Pest, & Septic) Self- ManagedNOI: $3100 a monthCap Rate: 8.72%Stable TenantsDoesn't need major workGood Area, Decent SchoolsQuestions:1) What is a fair win-win offer?