Thank you Gino, it sounds like I should look into it further and get the ball rolling.  

And is low balling being used, because you know at certain times it's a waste of time due to high demand for that asset.So I kind of spoke about this in a cloudy manner because I approach it non methodically, and try to maintain flexibility.

In either case from my perspective it is closed (meaning the ball would be in her court).  

A company comes out twice a year and inspects the AC and replaces the filter (very important if in a high temperature area), inspects the plumbing and electrical, and provides feedback regarding any potential issues.

It has been my experience, however, that the underwriters tend to low-ball that 75% figure.

Make a low ball offer.   

If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

I have connected with a couple of agents, and I am excited to get the ball rolling!

@Henry Clark mentioned snow balling too, can either of you elaborate?

Normally a letter by an attorney to the Attorney General regarding that kind of fraud gets the ball rolling.