We've been working together for 6 weeks and this only just came up as I'm getting ready to put in an offer.

I also find some offerings with more conservative exit assumptions (+15-20 basis points per year, mostly outside of MF).

The squatters institute a dynamic that you cannot accurately budget for, so I would be very, very conservative with any offers. 

The guy was a television personality that knows how to sell.

I believe the DLBA offers it to the next highest bidder.One other potential scenario is the winning buyer was willing to pay ~$100,000 for this house AND they are a city employee or has a relative that is a city employee.

I have accepted an offer with a buydown and am in contract now and my response to my realtor about the offer was simply that I was wondering when that was going to happen.

I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

I joined the BP community to network with people who I can learn from and also to learn how to analyze deals to give me the confidence to put an offer on something that makes sense for me.

Hey Nathaniel, Columbus OH has boomed in recent years offering a strong real estate market!

There are several turnkey companies in Memphis that offer everything in house from purchase all the way to property mgmt.