Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations. 

This is something their screening probably would have caught, or their system would have a legal procedure to deal with it.

Also consider how you plan to finance your acquisition and what size business is feasible based on your current liquidity.✅ Focus on making a good first impression and building rapport.This starts with getting honest with yourself about what you’re looking for and how you plan to execute.

@Manuel Angeles affordable deals depending on size can have multiple funding sources….

My wife ordered a kid size pool table from China for our STR and they sent ear muffs.

They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.

I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.

The cost per sf skyrockets as house size decreases. 

I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.

Exemptions to getting a 2nd FHA loan per HUD handbook are:-Job relocation 100 miles away or in another state-Increase in family size-Vacating a jointly owned home (ie - divorce or the like)