(A scarcity of buyers who can close quickly would drive price down, but no such scarcity seems to exist.)If there's just an "unspoken agreement" amongst investors (de facto price-fixing) that nobody will offer more than $60K for such a house, then wouldn't somebody who isn't looking primarily for a profit (such as a homeowner seeking to minimise the cost of buying their own home) wake up to this, and try and muscle in and buy the same house for $80K?

He is the muscle and I am more on the technical side of things.

Many of his organs were damaged and because of the length of his coma, his muscles atrophied and he had to learn how to walk again.

@Shaun Reilly is right in that there isn't much inventory in those areas.There is also the fact that the rising prices have attracted developers who can muscle out the individual buyer.

Come hear what to look for, what to avoid and knowing if you have the risk muscle to deal with these types of challenging properties.Shaun has been involved with real estate since 2007 when he and his wife became accidental landlords, but quickly acquired several more rentals.

Bad plan if you just take it to place in a checking account for the loss.Becoming a private money lender sounds hunky dory until you have to foreclose with a muscle guy or tangle with the SEC.

Fortunately, there are also a whole host of investors that either can’t or don’t want to manage the deal, but who do have the financial muscle to put behind someone who does.See the original at: https://www.fortunebuilders.com/how-to-raise-capital-for-real-estate-ventures/

I don’t have muscles to flex, I don’t have past experience to guide me.

For sure not a SMART goal, but it is helping me build muscle memory and habits that will, hopefully, compound over the long term. 

But mainly, you have to get out weekly to exercise those investor muscles and that's my main driver here.