Unfortunately for those agents, offers can come in after theirs, so I might make a note about the details of the escalation clause within the computer system, but Asset Managers say no to escalation clauses, they will only review your total sum offer (minus the escalation clause), in spite of your willingness to pay more.  

These responses are golden and I really appreciate all the input.Disclaimer: In spite of the implications made in the some of the comments I do not ever intend to deceive, lie, or have "no intention" of buying a property, or weasling out, or be involved in any otherwise unethical business transaction.

The plan alludes to the fact that the leases will be honored in spite of state foreclosure law.

However in spite of that, this year looks good so far.1: January 8th  - Sold my worst rental house.

In spite of this, our goals are the same.Naturally, we want to be repaid and we want to earn a profit along with our borrower.

Within one month, I nearly a full-price offer and, in spite of all the problems, still made a profit of $30K.Well, OK-- that's just a bit about Project #1.

Why did comp property sell at such a low price, in spite of greater amount of sq ft and higher number of bdrm?  

The larger challenge is finding a property that cash flows in spite of financing 96.5% of the purchase price and paying mortgage insurance, which is 0.85% of the loan amount paid monthly.  

Though my guess is more for the east and west coast newbies that want to get in the game but their $30K cash isn't even in spitting distance of a down payment for an investment locally but can get them 2 "cash cows" with 75-80% financing in most turnkey markets.I am going to assume someone with a million in cash will be a little more savvy and won't get taken by a turnkey (over)promoter offering $80K ARV places to them for $90K after doing a lipstick on a pig rehab of a $40K junker.

I'm afraid my tenants may be the type to take revenge on me.I am also disheartened by the fact that I have worked to keep the building clean, to make it at least one of the better looking buildings on a block that is obviously overrun by inept landlords and that inspite of my efforts, tenants simply don't seem to care about keeping tidy surroundings.