I have about 50k worth of capital and the bank is offering a rate buy down from 4.5% to 3.875% for 3.25 points.

@Jeremy BenezraThe strategy offered by @Ashish Acharya only works if it has been less than 3 years since you moved out of it.

They're a little more expensive than a standard lock, but way cheaper and faster than a locksmith.Note that these are not electronic locks (although they do offer electronic versions).

It was easy to get them to leave as I offered cash for keys.

I currently have an offer in on property in West Warwick, RI. 

Any suggestions on were i should go with my counter offer or strategies that have worked? 

I am looking to get into real estate investing as I crave financial freedom as well as the flexibility and creativity this craft has to offer!

Cheap Rental, that cashflows well and Offers multiple Exit Strategies.

I found it on the MLS with the help of my realtor and made an offer.

In brief discussion with friend he mentioned the tenants offering a $300K down payment, he did not mention if they talked sale price.