Not to mention, in most markets across the country, finding a house for $60K is unheard of.  

Just the other day, I saw a new apartment building that was just completed had an advertisement that say "Two Months Free", that's unheard of a year or two ago.

10% earnest money deposit is certainly on the high side, but not unheard of in my market. 

It was quite unexpected, but from what I’ve read, not unheard of in Chicago.

I think it is a great idea. 4% is absolutely unheard of for owner finance so if they go for that, jump on it like a shark.

It's not unheard of for some to owe more than $500K.  

Our numbers dont work out until about $500K is it unheard of to go in at such a lower offer?

It's amazing what you guys consider low cashflow, here in canada, 100$/m cashflow a door is unheard of in 2017, 50 a door you are crushing it and that is with 25% down, don't even think about putting 10% down and cashflowing in residential, lmao.Our tenants are overall much easier to manage tought, but at what cost!? 

Well...the Dayton Dragons baseball team has the most consistent sold out games of any sporting team in North America (startling fact), Warped Wing opened a second location, and a half dozen other breweries are now open in the city...Boston Stoker coffee is totally awesome and has several new locations (this is important because it's a key indicator for the successful revitalization of many cities...beer-food-coffee is key)...there is a river front development that is reminiscent of Columbus (which was awarded best on the country), there is big inner-city revitalization...I saw a developer by the name of Simms pre-sell 24 $500k "Brownstone" townhouses in the center of downtown (unheard of in Dayton)...there are 30 renovation projects going on downtown...and they now have a full time staff on the streets to keep the city clean...the population is on the increase for the first time since 1964....I mean this is pretty superficial, but it's every bit as important as economic indicators...there is a lot more to this...There are still "war zones" in abundance in Dayton and it's the Opiate Overdose capital of the USA...but getting better rapidly...just proceed with caution if you elect to invest there...a local subject matter expert is a must!

Multi-family is just about unheard of at this point in the market.