I mention this only to underscore the importance of identifying the issue and the difference in the expenses and their treatment should you have income on that particular property.Given that, below are the answers that, in my personal opinion after investing and dealing with real estate for my entire career, that I feel are accurate if you remove the loss limitation issue identified above.

To address your real question and underscore what others have said in the posts above: It is not easy and there is no industry standard way.

To underscore my interest, I would make them a strong offer or different offer scenarios on the spot like @John Thedford suggested that you are confident you can follow through with and leave them with my contact information.

I just wanted to underscore Leslie's comments made earlier; she is right on the money! 

The fact that she asked for it to be repaired and it wasn't even though she was told it was but instead got worse just underscores the fact that whomever did the work couldn't be trusted. 

Instead of just seeing immediate financial returns, it's heartening to note the lasting communal benefits these investments can bring.Your insight underscores a vital point for all in development: we aren't merely building properties; we're crafting spaces where memories are made.

The attractive deals in the small college towns in your vicinity are indicative of the enduring demand for student housing, underscoring the potential viability of this investment avenue.Despite the challenges in finding cash-flowing investments, multi-family student rentals can offer a steady income stream and long-term profitability, given the consistent demand for housing near educational institutions.

Commenting on a situation without understanding the data behind the arguments detracts from your position and underscores your lack of an informed position.

A valuable deal often disappears from the market within a day or two, underscoring the importance of financial readiness.2. 

Geogrid RV Pads: Implement geogrid pads equipped with 30a or 50a service, water, and sewer connections, ensuring a seamless and high-quality experience for RV enthusiasts.Market Dynamics: The potential for success is underscored by the strong demand for RV parks in the region.