Lender requirements are stiff and got stiffer with the low-interest rates. 

Good people do not want to stiff us for the rent. :)

And with the stiff competition in the Austin market it may mean making many offers or finding value other investors have overlooked

As others have said, the competition is stiff and it was difficult for us to find a multiplex that met our needs because we had to consider children in elementary and middle school.  

Since I’ve been looking, I’ve noticed there is stiff competition.

If it is ONLY funds from operations and you can audit activity, I think I'd be OK.Otherwise, you may end up writing a bunch of checks and, in the PMs defense, you may stiff them on stuff they've paid for.

My bet is that you would see a stiff fine and license suspension on the 1st offense and revocation thereafter.Wholesaling in general is an evil, unethical business. 

In the long run, no one can force you to buy or to sell (specific performance almost never happens, but I'd ask a lawyer , however, I understand they cost money), so you can probably just stiff the seller and move on to the next pigeon.

There is opportunity and it is the perfect time to buy...there has never been a bad time to buy in this city...the top of the market is light years away in Columbus.If you move to the suburbs you are competing with the larger exodus and facing stiff competition...Grove City is quaint, but the population absolutely exploded and its growing.

Clearly their solution is not helping tenants pay the money, but rather helping them stiff landlords.