The property looked good and the numbers worked out so it should cash flow generously, but I ended up passing on yet another property, despite honestly feeling desperate to make a purchase.  

Where were all those desperate people that I just left days ago with their bids?

You have to have both a buyer and a seller that are both willing and able to close in order to create a transaction, and price and terms are the market mechanisms for equalizing supply and demand to create transactions across a market of buyers and sellers ... inefficiencies can occur when there are distortions in the market that limit the number of buyers or sellers or otherwise creates an inequality between buyers and sellers that cannot be easily resolved by the usual market mechanisms of price and terms.Inefficiencies can have a dark side, as eluded to in comments above ... if an inefficiency is artificially created so that a more sophisticated operator can rip off a less sophisticated, weaker, and/or desperate person, that may be profitable and even legal, but can also be morally appalling IMO ... this never gets discussed in polite conversation here on BP but think it is important to understand.

However, we desperately need for thousands of REIA members across the country to go on record with HUD on this issue.

I am sure if you search high and low you will find a broker that is desperate and will work for almost free and try to make it up on volume.I only do commercial transactions as a principal broker and the issue of commissions or rebates never comes up.

Hello everyone,I'm super analytical and therefore am desperately seeking to look at some examples of a one sheet on a buy and hold type of purchase investment.

In many (appreciating) markets, those days are long gone, unless you have a really desperate seller and no competition - an increasingly rare find.

The market area is desperately needing rentals.

Hey Guys, Need recommendations for a good contractor in Belleville IL desperately

The seller is almost certainly going to tell you to pound sand (unless they're really desperate, which would make me nervous as a buyer).