I've run into similar scenarios and have observed my clients typically doing 50/50 - however, this is usually with a partner they've already been working with for a while and have done a few deals. 

I know it rural up there but it's a college town.Another possibility is if you observe narcotic activity, possible prostitution, juveniles put in danger and the place appears to be a drug house or methlab, the police will get involved.

Hello @Brian ElstonGood observations/comments.We have delivered over 500 investment properties, but I could not find a good property on any of the real estate sites.

That has not been my observation for the most part in Texas….San Antonio respectfully. 

Been interesting observing your RE journey.

I've certainly observed strong infrastructure investment and more room for growth relative to the inner City of Austin market.Also agree with Robin about the growth potential of Lago Vista.

It is far too common these days to encounter experts spouting theories that explain data or scientific observation in a way that far overreaches the context of the data.Reality exists on many different levels.

I contacted the owner and it looks like a decent opportunity, the neighborhood just doesn't seem that safe after all (from Google, observing things, etc).

The one thing I observed is it takes very little skill or confidence to give a 30 second pitch when someone answers the phone.

I am thinking about, a randomized trial.  1000 yellow letters with MD and 2000 yellow letters without it.Once you start negotiations half of the uniformed contacts should be told you are a Medical Doctor.Profit is probably the most important thing to observe but other results such as... 1)  Call back rates.2)  Number of counter offers.3)  Percentage of increase from original offer to accepted offer.... would be very interesting.PS  Congratulations on getting the MD.