If they don't pay, I put the rental back on the market or offer it to the next approved applicant.3.

That’s how much they’ve dominated the market!

I'm under contract to buy a 6-plex at around 60%-65% of its actual market value.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

@Kyle Fitch  often missing out on a condo is the best thing that can happen to you depending on your market and the project itself. 

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

How is the market looking right now?

Many thanks in advance,Victor Talking with my friends contractors in the area... some of this contractor offered very low price for their projects betting to build many units and market changed and they simply started to file bankruptcy... when comparing cost it's common you will find higher costs ... been in this market last few years, houses will start to move again in the next months in a normal cycle (not pandemic cycle) , if you're goal is getting long term rental in place for delay gratification...

As such, you could try REIA and local meetups, but I imagine you likely won't get very far.

Your best bet on background is to run your states background check if they are local and even then some things are on a county level.