I really appreciate the example you've given me to illustrate your point.

This thread illustrates some of the differences in how things are done in different parts of the country. 

@Cody JensenI've told this story multiple times on Bigger Pockets but it always bears repeating because it illustrates a few important things about getting into this business.I didn't find my first rental property deal.

--> I say all that to illustrate the collective positive power of the BP Nation :-).   

🥴I think these illustrate the freedoms that some lenders have when they lend their own money.

If you bought the property for $100k, then paid $15k for scrape, you're already in the deal at $555kThese are super general numbers, but hopefully help illustrate that if this person sold for just $100k, you might be getting pretty tight on your numbers.

I've included an example below to help illustrate this.

Below is an illustration of the traditional loan process: choose a lender, receive pre-approval, and close with that same lender.Today, you still get pre-approval, which we used to make offers.

Until I went looking for data to help me illustrate my point, I did not realize that gentrification has already hit this neighborhood like a cudgel.

Caleb,My opinion is that some people have the ability to easily start a conversation with someone over the phone and have a (silver tongue) tact to but them at ease to allow for an open discussion.Others (myself) have the ability through body language, documentation, and resources (buyers) to illustrate to someone how I can help them and put them at ease for an open discussion.So you should know if you are best negotiating over the phone or by meeting in person with someone who needs you help and sell your plan to solve their problem through a painful time.