I had a old house (1940s construction) that the buyer brought in a friend who was "a structural engineer".

Affordability or lack there of has the best chance of slowing this market but there appear to be plenty of buyers in all price ranges.

The pre-qualification letter only says they've quickly looked at your application and think they can do the loan - not good enough in a competitive market.Some listing agents are requiring the buyer be pre-approved by the agent's lender of choice. 

Speaking with other agents and friends in those markets, they're seeing investment properties going for far above appraisal value and buyers are having to bring enough cash to the table to cover the difference if they really want it.

Rates are coming down in a few months, and buyers know it (, ).- Refinancing is starting back up again.

feed back from buyers is a waste of time.. 

In other markets, the listing agents have a stable of prospective buyers informally registered with them who can be plugged in to a seller's property.This just doesn't happen in investor circles.

Searching and putting LOI on commercial deals through buyers brokers (or directly via listing broker)2.

My biggest concern other than the closing costs was that if an FHA buyer tried to come buy it my understanding is they would need to wait 90 days from when I bought it and I think it would only take about a month to fix it up.

I'm also told there are already a few buyers interested.