I think a tiny bit higher conveys your interest in the property, and will outbid anyone else going in at asking price.

These are tiny numbers compared to other metro areas. 

They get a tiny piece of that big commission they are charging you!

Seems much more interesting given the type/quantity of responses here rather than whether or not your stats are accurate.

sure...... but I would bet its a tiny fractionContrast that to the % of people that are teetering on the verge of being homeless...... one missed paycheck or other financial crisis and they are on the street.....

Got the stove off Craigslist for $100, the fridge from a guy that does best buy liquidations for $620, the 18" tiny dishwasher that you can't see was $400 no deals to be had on the little guys.

I'd be perfectly content with quality cash returns over a larger quantity of mediocrity.If I wanted to own a hotel, this path would be different.That being said, keep posting, I learn a TON from your insightful posts!

Quantity & quality. 

If you do buy some of those make it a very tiny percentage of your allocation and dip your toe in the water to see what happens the first few months.  

It doesn't have to be tiny homes, just small 2 br 1 ba homes with all the appliances.