We are wondering if this craziness is as real as it has seemed, or if there are way people are winning offers without waving inspections and appraisals. 

This makes it very difficult to plan a BRRRR as I do not know how much they will allow my rents to raise ahead of time.I have gotten around this a few times so far by buying vacant duplexes or else turning single families into rental and riding the appreciation wave that's hit the area the last year.

@Wave TaylorOnly as much as to determine motivation.

Sorry if I may have discouraged you from taking the deal Wave  Taylor.

@Wave Taylor fixing a water leak is certainly not the end of the world.

Wave the contract around everywhere (as long as you keep it legal) and you really shouldn't have a hard time with it.If no one bites it is simply that the price is not right.

Yup, people say "portfolio loan with a regional bank or credit union" like it's saying "abracadabera" and waving a magic wand.

The downtown Atlanta area is up and coming and we we're trying to catch the wave in the neighborhood.

Just like the money represented in those chips you waved good-bye to in those 5 lost hands, the money you waved good-bye to in this first deal isn't lost...it's just in a different property...the next one...which you can get back, as long as you are "still in the game". 

@Wave Taylor 🤦🏻♂️