So I accepted a $900 deposit pending credit/background check.

There'd have to be a benefit to the buyer for accepting those terms - something beyond looking for buyers who simply can't get financed.

Lenders are looking very hard at appraisals and the likely hood of them accepting an appraisal with a trainee's signature on it is slim to none.

I've made about 15 offers in the last six weeks, and had two accepted.

Will there be a lock-down on REOs and no offers will be accepted?

An acceptable per unit cash flow is a personal decision.

Still waiting for SOMEBODY to accept one of our offers.

You know youre a real estate investor when you put a bid on a property and simultaneously run a craigslist ad to test the rental market as if you already owned it while also figuring out how you can get started working on in before closing to have it rent ready on the seller's dime.

One more thing that I had forgotten to mention:There have been many past law cases where the seller refused to accept an assignment because he had a contract with the original "Buyer" and not the end assignee.Of course, this is "tortuous interference" with your contract between you and your end buyer.

If you are pulling down $2250 a month but are willing to accept $1000 per a month, why not take that extra $1250 and reinvest it each month...