Sounds like you’re just fishing for a way to pawn it off on someone else

It was not until I began managing commercial fishing crews in Alaska and overseeing commercial and multifamily development projects that I began to understand the bigger risks, challenges, and rewards (bigger pockets indeed) associated with managing and executing investments and projects on both land and sea.   

My take on this scenario: These are not "idiots" who have out bid you, rather they are big fish who have a longer time line, more money, a higher threshold for low ROI, and do not want their competition to get this prize!!

But if I buy, say, 5 houses, then I'm going to be 1031'ing in the future into other small fish things.The third level of figuring out stuff is - what do I want to accomplish?

At this point if the property is new to the market the seller might wait and see what other bites the lure brings in for a fish with more meat on the bone.

I know GC's should probably fall under the same skeptical category as PM's, but just fishing here.

I appreciate the perspective.I used to fish lake Conroe.

Go Fishing!

I am an investor originally from Northwest Ohio but have spent the last 10 years travelling the Mountain West working as a Park Ranger and Endangered Fish Field Technician.

The condo has the beach and the mountain house has Horse/hiking/kayack/fishing.