If they do *not* meet those written criteria, you simply decline based on the objective criteria, not the narrative.The key is sticking to clear standards you apply to everyone.

Hi @Linda Cunliffe, If you sell to a relative below market, the IRS treats the discount as a gift, not a deductible loss.

Looking forward to create new relations.

There are a lot of "shiny objects" in real estate.

Specifically, you need to determine what risks / work you are comfortable taking on to achieve your objective. 

@Jerrell Slay I would say for that price and the rent right it seems like a lower income type of property it seems that the cash flow would be relatively low.  

Well, I just wrote the perfect post and the site refreshed on me, losing what I originally wrote. That was a bummer - let's try this again!I am nearing the closing of my first rental property at the end of the month ...

What are your overall objectives? 

It’s about clarity and preparation.Clarity in conversations with sellers: Knowing how to ask the right questions and listen carefully makes sellers feel understood and builds trust.Clarity in analyzing deals: Understanding property values, repairs, and potential profit margins prevents hesitation and second-guessing.Clarity in offers and negotiations: When you know your numbers and your limits, you can make confident offers and handle objections without freezing up.Even experienced investors stumble here.

The Object is to keep it as maintenance free a possible.