Couple that with a large need for rental properties and very little new development in the area and I think it reveals some of the factors at play here. 

This is the listing picture, all the snow is melted to reveal piles of leaves, but no big deal.

Bidding on 4 was very light where after only 1 or 2 bids, the reserve price was revealed and those prices were close to the comps.

Are there any easements, encroachments or anything else that you know about that a survey might reveal?

It's only a matter of time before an enthusiastic newbie, brokers a note in a state with out proper licensing, and the Attorney General want to make an example out of them & devastate them financially with legal expenses & fines.The other eventual disaster is going to be when a borrower contests a foreclosure or collection effort & it is revealed that the newbie investor doesn't posses the proper licensing for servicing, or there is a flaw with procedure or assignment sequence & the legal fees will start to mount or the note end up being worthless.

Its part of Craigslist's algorithm, and obviously they don't want to reveal the inner workings of their methods.

It is a juggling act as you don't want to reveal funds above what you're offering.

Examination of the actual loan documents would reveal the actual security terms.  

Ok....well as you demo a small pony wall you reveal that there is electrical and water in there...crap.  

I thought I had just got the deal rolling for my first property, and the inspection revealed more than I could handle.