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).

Ergo you have the ability to fractionalize the note.

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.

Since there is higher competition, you typically can charge a bit more.

Although because there was so much competition I offered higher than listing price, knowing that with the appraisal contingency and the fact that the house should appraise lower than offer price, I could negotiate down a bit.