I just paid my attorney 15k today in just fees for 4 entitlement contract red lines and we arnt even under contract yet!  

I am not really a real estate finance guy - I am an equity research finance guy, but I was under the assumption 7% mortgage rate was average.

attempting to respond earnestly to your post - Satanic ritual abuse is a real and serious issue that often goes completely under the radar for many reasons.

Just know the layers involved and be sure you are still able to complete due diligence on the sponsor. 

We still have to disclose that I'm a licensed broker but the offer coming through another agent puts a layer of insulation between us that makes sellers a little more comfortable.Finally, I like seeing my agent get paid.

The over/under says that the market will revert back to the mean.

While prices are low (under $200k), there's absolutely a rental demand - especially for working class and professional tenants who aren't ready to buy.

Both tenants moved out while I was under contract to purchase.

It’s like my client in Omaha (where I’m based) :-) he bought a triplex where rents were under-market by $200 per unit.

I skip trace John Doe, but get connected or sent to VM for Jane Smith - who isn't on the FC docs, and doesn't come up under the "Premium" skip trace from REIPro that brings up spouse, relatives, etc.).