Otherwise, you could network with a local Realtor to your area and see how many duplexes sell per year within your acceptable driving radius.

there's a tremendous demand for inventory - both primary residences and rentals - and so buyers are willing to accept lower yield than a lot of us think makes sense. 

The sponsor if they even consider allowing you would be a huge red flag for me knowing if they will accept non accredited investors what other rules are they breaking. 3.

Sellers had multiple "accepted" offers and all were placed in interpleader accounts. 

Is it acceptable?

And do they accept counter-bids after initial bid is placed?

This is not an acceptable way to do business.Tell me oh infinite ones, is this the way lenders do business??

I haven't accepted the offer.  

There can also be a lot of bad advice, so be sure you know your local laws before blindly accepting this type of advice.After 30 years of being in this industry, a lot has happened. 

Went and viewed about 10 properties, made an offer on one without a buyer's agent, so that the selling agent would double end the deal and they accepted a below ask offer at a time when prices were climbing.How did you finance this deal?