I know that it's just business and nothing personal, and also that list price doesn't necessarily correspond with value, but I still don't want to waste my time (and my realtor's) if throwing out a bunch of 50-60% offers is sure to receive a bunch of rejections due to my expectations being so wildly different from the seller's.2) Is 10% too aggressive of a target ROI for today's market in this area? 

Just let it go to voicemail, so you have documentation, or correspond over text for same reason.But let your lawyer handle it, if he’s being paid to do so.

Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

@Pesi Satarawalla recommend you check out the Fair Credit Reporting Act and national laws on privacy.Our management contract states we do not share credit or background checks with owners due to potential corresponding liability issues.Answer us this - how does a property management company protect itself against an owner, who they share this info with, from committing identity theft or not keeping the tenants information secure?

This severely subpar customer service, lack of timely correspondence and initiative from Alan Kirkham should be unacceptable for a company that claims to be top notch and superior to all other CPA / tax advising firms and charges clients a ridiculous $25k fee for their 'all-inclusive services'.

But most people don't upgrade every unit as you want to have the upgraded units and corresponding higher rents to show as proof of concept.

I can guarantee that experience to be a lot more fun than the financial drain and angst that overpaying will cause to your life and corresponding relationships. 

Or drop the price a corresponding amount.

I was thinking expenses could come out of the checking and then deduct the expense out of the corresponding savings account.  

Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.