Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.  

Let me know if you want to hear more about some areas that we work with buyers on through the mid-south.

At the time I looked, 20 or so years ago, the problem with smaller down towns is the proliferation of nearby strip malls, where the stores are surrounded by a large parking lots, and for laundromats, attract more customers as they can park easily, walk to adjacent stores for shopping, snacks, and browse newspaper and magazine racks, which explains why they do better, there's more customers.

Second offer which is $12K lower than list price, no rate buy down, and seller won't pay the buyer agent commission.Morgage payment with a conservative LTR payment is break even,  Coc is 6.3% , and I'm super bummed that my agent won't get paid.We could put in cash to pay him, but it would come out of the renov + Furnishings cast slotted for the property.Any creative financing thinking from this group on:How to pay my agent AND not dip into our cash funds for prepping the property?

While I don't have any horror stories, per se, I have heard of people having a tenant for a year then causing $20k in damages upon move out, while skipping town to not be found again (this was a CA buyer buying from a turnkey operator in AL).  

And I am constantly looking for new areas for growth.I started flipping land (owned almost 80 lots out there at one time) about four years ago then got into acting as developer where we I had builders build a couple of cabins and flipped them to end buyers. 

You can get on their list for buyers and see one pre-analyzed for you. 

Both poverty and riches are the offspring of thought”Mans Search for Meaning: - “What matters, is not the meaning of life in general but rather the specific meaning of a person’s life at a given moment”The Richest Man in Babylon: - “To attract goodluck to oneself, it is necessary to take advantage of opportunities” - “Men of action are favored by the goodness of good luck”The Millionaire Next Door: - “Looks can be deceiving”

Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.

Buyers may be backing out for failure to obtain financing for the deal.