Investors look for either distressed property or motivated seller.

I would have to be a VERY motivated seller because I'd have to negotiate seller financing with 0% down and a mortgage payment that would be covered by the rental income.  

And by the time from the house being under initial contract all the way to finally selling the thing.... months of time and hassle, although costs should be accounted for its still allot of unnecessary risk and time spent with a house on your mind for not much reward. instead of using a 70% rule, do a detailed estimate on the big array of holding costs associated with inquiring and holding and selling a property, that will give you an idea of what would be reasonable for a cash buyer to need as motivation to pull the trigger.

The sellers are motivated as they are moving and have dropped the price considerably in the last month.

My main motivation is to generate cash-flow in decent "B" or higher class neighborhoods, with decent chance of appreciation.I would like to target homes in the $75-$105k range.

As to your insinuations that because it is happening in Africa it influences my position, nothing could be further from the truth.

If so, what you might be looking for is a "motivated seller".

I am working with a motivated seller and buyer as we speak!

Hey Bigger Pockets, I'm contracting a deal tomorrow with a motivated seller.

@Nathan Brooks thank you for your insite and motivating words!