depends on the market. in hot markets if you dont Proof up with your initial offer your not getting into contract in the first place.I suppose this thought process works with unsophisticated un represented sellers. 

If you don't like it, write your congressional representatives I suppose. 

No fixed amount of money will enable you to maintain your current lifestyle over time.For example, suppose you buy a property where rents increase by 2% per year and inflation is 5%.

We'd be sitting at a bar having a beer supposedly watching the ballgame and would end up talking about work. 

It's more of a luxury property but supposedly they can perform really well as full time rentals.

The closing date was supposed to be the 12 of July.

I suppose one method would be to use seller reported figures but that wouldn't be prudent for many obvious reasons. 

Thoughts on buying expensive investor toolkits from supposed gurus?

Real estate is supposed to be the little extra that you end up retiring with.It's kinda like the 401k.

A serious, no-nonsense buyer should totally consider this.Interestingly, most of the people who pursue this route with us are extremely analytical types: quants at hedge funds, engineers, accountants, lawyers, etc...Ok so seller is not screwing up his comps.. and the BAC goes to your office were you deduct I suppose your hourly fee then rebate the difference if any to your buyer.. and if for some reason you put more time into it than the BAC  then the client comes out of pocket to buy a home ???