Submitting offers on multiple properties simultaneously?

[Josh Wood]

I have been doing a lot of research lately and I have herd many times over about submitting multiple offers on different properties. My question is what if I analyze 100 properties and find that 5 are great deals and would all work for me but I could only acquire 1. Coming from a legal standpoint could I put in offers on all 5 simultaneously and then choose the best counter, Or should I submit one offer at a time?

If anyone out there is currently a buy and hold REI I would definitely be interested to hear your strategy on submitting multiple offers simultaneously!