Now is the time to get your pen out and find those little gottca's that justifies going in with a much lower offer.

I would imagine you are talking about a high interest rate and lower LTVs, but I could be wrong.

Most of the money in the Midwest will retire to better weather, a lower cost of living

However, if it is vacant (especially all 4 units), I would certainly demand a much lower price to compensate for that.

This also gives me the flexibility that, should I ever run into financial troubles, I could always drop to a lower monthly payment without any hassle.However his company is not licensed to do any mortgages in Florida and cannot help me out much there.

I find rentometer to be high, and other nearby properties are lower, so I'll use $900.

-so that one pad is lower than the others, and I will be responsible for raising it.Is that likely?

We have offered options to purchase at lower price points to property owners with known "deadlines."

Blue collar workers want the basic amenities (central air, dishwaher, etc.) plus lower than market rents so if you buy at the right price you can cherry pick those tenants and still cash flow.If you want to avoid tenants succesfully negiating away your profits you must have something they want that is in short supply.

I agree, tenants pay utilities.In theory, rent should be lower if tenants pay utilities than if the landlord does.