I wouldn’t pay too much attention to the investors that have different objectives.

Look for great deals, go by the numbers and stick to your objectives and you'll be ok, even if you invest in SFR's 

For the record, it's a common way to structuring contractor contracts; and I learned that CalTrans, the CA gov organization in charge of highways etc, uses this type of structure. 

If it's a property that is already priced fairly, and you know (you'll know this after you gain some experience) that it will go fast at that price, and it's a price that works for your investment objectives, you can make a low offer, but be ready to raise it immediately if they don't go for it. 

Without a plan, you'll just wonder around aimlessly and get distracted by every shiny object; which is not very productive.And just stay active here in the BP forums as much as you can!

What are your thoughts for Speedway 46224 now that the Penske organization has taken over the race track?

I also organize a landlord focused one that meets the 2nd Monday at the library at Colfax and Irving.

I really enjoyed the first meeting that I attended last month, and i will be officially joining the organization next week.

Building my real estate portfolio is key to reaching that objective and I am on my way.  

We don't bother running background & credit checks on them until we decide they're a good fit for the organization.