I've made some changes to my listing (new photos still pending) and showings have picked up.

My desired ROI  is at least12000 a year, and I have a budget of $500K (pending property performance).

I had already emailed this person and told them I had another application pending. 

Seller's agent admitted that there is now a back up offer on the table,..... has not admitted that this is under contract with new buyer but the MLS says pending. 

@Thang NguyenA comp is just any recently sold or currently active or pending transaction.The data in Zillow, Redfin, Realtor.com and others is exactly what's in the MLS.Whatever is in the MLS gets syndicated to one or more of the sites.

UPDATE: We ended up closing around 8wks instead of their requested 2wk, due to one of the 2 owners/sellers' power of attorney papers being from while he was on vacation overseas.Only the front door keys were given, so we had to change the back door locks/keys.2 weeks after closing, various agent were still walking around and into the property's rear where we were gardening, and showing us on their phones that the property was still listed for sale and 'Active' on c21.com by Agent-owner's listing broker.Was wondering why they never updated it still yet - not pending, not in contract, not even sold after the sale til i complained to the broker people were walking in to inspect.Wonder if there are fines for not updating listing status, and who imposes them - MLS, CalBRE, or?

My initial offer was 190k we agreed on 200k pending inspection .

If you hire a licensed contractor the City may be open to approving the pending items via over the counter with simple schematic drawings from a well qualified contractor with extensive experience (with the exception of the energy consultant).

Only 2 have moved from Active to UnderContract/Pending since Sunday.There is not a run on the market.

@Amul S. keep searching in NJ there are deals to be had throughout the state especially at this time of year where the heard of investors thins a bit due to the pending holiday season.