I assume the rates are the same/competitive?

Due to the increased complexity of new construction, vacant land does not see the same level of competition as traditonal 'fix and flip' / distressed properties.

Given that debt is available at such a very competitive rate, do you think multifamily landlords would need this type of service?

We're all aware of how frothy a lot of RE markets are right now, and how competitive buying can be (offers way over asking, dropping contingencies, etc).

Or is it the opposite, that you want to waive contingencies to make your offer more competitive and your agent is including too many contingencies?

So, our competitive offers typically have 3 days DD.

House flipping isn't really a thing here in Utah, because everyone is willing to spend millions on houses that are trashed and from the 80's because the market is still so competitive even with things slowing down.

It was a very competitive seller's market, so we had to sweeten the deal with appraisal gap coverage.How did you finance this deal?

We pay close attention to the market and review market data through Zillow and Craigslist regularly, as in at least four times each year we put together spreadsheets on the competition on a square foot basis. 

You wanted a competitive advantage so you waived your inspection contingency.