Our market is very tight, but we just bought a place for a bargain and it appraised for more than 150% of purchase price after I put about 5% back in to it and got it rented- we only got that deal because we knew our market and were ready and agressive.

Is it an area you would be ok living in if you were on a tight budget?  

First step is to check with any government agencies that would have records on the wells.. hopefully they will, as well as an as-built so you know which is which.Then, unless your budget is really tight, hire a well company to come trouble shoot the well, find out which one is flowing, get a pump installed....

Focus your education on investing in a tight market (for the time being) and build a good team that will still be around after a turn in the market.  

Was pre approved but didn't find a suitable property before pre-approval deadline.

Every wholesale I did in Port Saint Lucie, FL would sell as long as I locked it up at 80%, because the competition was so tight.

I am saying so, because usually, the bank, after accepting my contract, sends back a "seller friendly" contract of their own that needs to be signed and returned before a deadline.

The house is off a main road and the area that is not shared driveway space is extremely tight.

I'm pretty tight with my personal finances.

I don't remember if I screwed up and overlooked what was being offered out and didn't write it into the offer but my buyer was "on the hook" for 0.5% on an $80K first purchase and her financing was so tight I "waived" the 0.5%.