Or is it mostly just a play to decrease volatility in booking rates? 

And we are flirting with exactly that, we see it playing out in actions.

It's your agent's job to play nice with others while also keeping your best interest top of mind.

and how will the $500k exemption play into it? 

That is a dangerous game to play with students.

MTR is our play there.Vegas can definitely be a tight market for flipping, with competition driving up prices and squeezing margins.

Play the long game but realize that maximizing long term net worth has to stop if you want to be financially independent.3.

I'd imagine the interest rate plays a large role in what discount is given, along with house value, down payment and credit score of mortgagor.

I don't understand enough about it to know if them stocking up on single-family and small multi-family properties in the Denver area, at the current prices, is a good initial play that will hold up.

This way the investor has a quality property where all the payment is going to the mortgage so equity builds up fast and they can take the re-advanced funds and WAIT for the right opportunity for extra yield plays.