I think most people would be pretty disappointed with 6%-8% CoC returns.

Just buying online can be a disappointment ending up with a bad property in the wrong area.

In both instances, my reasons for canceling were legitimate, verifiable, and legally sound--and as a result, I didn't have to pay any penalties for the cancellation (other than wasted time, and the disappointment of not getting a property I had been really enthusiastic about)...but, that's the nature of the game sometimes...Hopefully that's useful info.

This is a recipe for disappointment and inaction.

A number of Bay Area folks are very disappointed when they here on BP about people buying a property and living for free or buying a duplex and wondering why they aren't getting a 2% rule or even 1% rule here in the Bay Area.

It would definitely be worth looking into investing in your own backyard to invest in the long term, you won't be disappointed. 

So expect lots of competition and much disappointment before getting an offer accepted.

 My experience with using luxury vinyl planks for three years now has been disappointing.

I was very disappointed as I new it was great deal. 

Unfortunate there’s nothing you can do accept wait and see if you’re selected just like when you are making an offer to buy a house; there’s nothing that says a private landlord has to sign the lease based on first come, first served.I would say you should ask the PM what criteria will be used to make the selection for your own understanding and work on identifying your alternatives.I know would be disappointing to be rejected but there’s nothing illegal going on.Good luck!