Some may skip trace for you and giving you calling and text message integration.One thought is in my experience probably 80% of the properties don't go to sale, the first date they are posted. 

Could you explain how the 150k could give me 500k buying power?? 

I would not sale.

Lastly, know that any conventional loan likely has a 'due on sale' clause, where if you change the title of the property, they can call your note due.

You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.

I don't personally have tens of thousands in cash on hand for larger down payments (I do though in my TSP/401k), but my dad will have maybe a couple hundred thousand after the sale of his house soon.

First off they could close a sale and make a commission and secondly failing to do so could cause their license to be suspended or pay a fine. 3.

I think they have updated limits on owner financing sales as well.

I must admit their sales pitch is effective.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.