Scott understood where I was coming from. 

I'm nervous to share this, for fear of being scolded :) and also remember i'm a *NOOB* , but this is a sample that I've actually had positive response to....I'm not sure how risky it is to actually put a dollar amount offer in the letter, but in each case that I used this I've had a response and the owner understood that my offer was tentative and not solid.

It is understood that the Property will be conveyed by General Warranty Deed (unless otherwise required) subject to taxes, existing zoning (unless otherwise specified in paragraph 16), covenants, restrictions and easements of record.1.

The poster seems to think that is ethical and ok for them to break their deal, because the Big Bad Bank understood the risk or deserves to take it in the shorts.

Not that they understood any of it.

Be careful who you share equity with and ensure the ground rules are clearly understood by all, in writing, up-front! 

@Matthew R Mcnulty understood , when first starting out you have to do a lot of hustling.

The way we craft a message is one thing, who it is received and understood is sometimes another.

ArthurI like how you understood your pain points and adjusting to the market.

In my conversations I have understood their focus is to help people buy rental property through rather traditional means - buy cash flowing real estate on or off market - with typical financing 25% or more down and owning for the long haul.