One possibility, because of the "hot" market that we are now in, would be to offer, go under contract with a long term closing period or options to extend the closing, begin the closing process on the replacement property (do not actually close), and then list and market your relinquished property. 

It depends totally on your market.For example, in my market, hot tub is more important than high end furnishings. 

In this hot market, houses were sold the day that they were getting posted on the MLS.

I was curious if this should scare be off and if I should maybe think about a different method of investment or if anybody knew if it was possible to find good deals out here in a hot real estate environment?

It has come in really accurate compared to the actual bill and pushes a heavier share to larger households.

There were a few reasons why I did this:1) One of the local municipalities stopped allowing LLCs to pull permits as the homeowner.2) The real estate market around here was really hot and I would often have numerous offers on my rehabs.

These two things will definitely help convince this seller to go with you instead of getting the "top dollar" in March when he lists the property on the current hot market. 

I know it is a hot market and I'm looking for an investor-friendly agent to help me find a property.

I am a realtor so i saved 3% on both sides of the deal (3% of 185k) I am also a mobile home dealer so i got the home for 10k-15k less than most people can buy for, and it was a hot time of the year (19 offers) I took the highest fha one first but 3 more fell through before i finally took a really solid offer.

Looking for a rental but markets are so hot.