Here's a quick glance into the conversations I had, and how I secured a great deal.
After sending a mail campaign, I received a phone call from the owner of a property in my desired market. She lived roughly 10 hours away from this property, and received the property as an inheritance.
She was given the property roughly three years prior, which had tenants inside at the time of transfer. Since she has taken ownership, the tenants have never paid her rent! Now, they are considered squatters, and the owner has no intention, energy, or head ace to deal with the house. I asked her, "In terms of numbers, what would give you peace of mind to have this burden off you." She stated that she would feel comfortable selling the property for 22,000. I didn't bother to counter, and we now have it under contract.
In this deal, both parties are walking away smiling! Super neat experience.