Hey, y'all, I put an LOI on that 24 unit I've been looking at and the owner balked at it as I offered a little below stabilized value $1.6M (generously). He's offering owner financing. I'm wondering if I should offer something closer to his asking price of $2M. It needs at least $250k to bring it up to standards and build out the basement (6 x 1/1 units). Maybe I should just offer the stabilized value and move on if he rejects it? Thanks for all y'all's help!