So waiting on that one to see if it sits on the market long enough for a price reduction to where our numbers make better sense.Over the weekend though we found another property with a higher ARV and were able to take a look at it today.

In similar fashion, consider the impact of California’s Proposition 47 that in effect legalizes stealing up to $950:https://www.foxnews.com/us/california-prop-47-shoplifting-theft-crime-statewidehttps://www.laadda.com/lies-behind-selling-prop-47-57/https://www.latimes.com/local/crime/la-me-prop47-anniversary-20151106-story.htmlAnd yes, The Gray Lady herself will vehemently disagree:https://www.nytimes.com/2019/01/21/us/california-incarceration-reduction-penalties.htmlWhat I find sanctimonious is the bold, unapologetic attitude of the Oakland City Council to pass a law that merely appears good, kind, and compassionate (so as to fool and maybe even humiliate the opposition into silence) but in practice erodes away at a vital foundations designed to keep their city safe and strong.

I'm grouping it all together because I think that's the only way this owner would consider a large reduction on his asking prices.

While this term might sound like a positive development, it is essentially a rebranding of the traditional "Price Reduction."

By taking a thoughtful and strategic approach to real estate investing, you can minimize risks and maximize returns.TAX BREAKThe tax break may come in several forms, such as a reduction in property tax rates, tax credits, or exemptions on certain types of property.REGULAR INCOMEThe consistent amount of money that is generated from owning and renting out a property.INFLATION PROTECTIONThe ability of real estate assets to retain their value or appreciate in value over time, even in the face of inflation.DIVERSIFICATIONA strategy that involves investing in different types of properties across different locations.

:)  I used to offer extended leases for a  monthly reduction in rent to cut down on move in and move outs, which is very hard on houses.  

If you require a 1.5x deposit, then that's what you charge.This tenant already negotiated a rent reduction (costing you $2,400 in two years) and now they are asking for a 50% reduction in the deposit.

@Joanne Jang, That's the poison pill of 1031 investing - the best time to sell and start a 1031 is the worst time to complete a 1031 - a sellers market. 

So, for a 20% reduction in housing costs, it's gotta come from somewhere, so where?

I look at deals first if its something that I can buy, but if you don't have an intention to buy don't say that.You may want to check out the Red Pill Investor podcast, they have a pawnshop presentation that may at the very least give you some ideas.