I did review other similar properties in the area (recently sold and not recently sold) and other properties throughout the entire city. 

He ignored these requirements and he went straight to the County with the same paperwork and the county approved the subdivision; therefore he was able to sell 5 of the 6 properties to different investors.

At the end of the day, these carriers are insuring based on risk profile and they are carefully reviewing real time data that tells them whether its a market they want exposure in and how to price that exposure. 

does having a contract with a listing agent prevent you from buying properties ... directly from owners?

I'm hoping some 1031 exchange experts might know if it's possible to defer capital gains in this situation: I want to sell several  properties owned by a 3 member (all family) LLC (LLC-A) and sell one property owned by another LLC with different but overlapping membership (LLC-B).Buy a much larger property that would be partially owned by LLC-A and partially owned by LLC-BThe new property is one tax parcel with two addresses.

To add to this, a lot of Wholesalers or agents from New Western deal specifically with lower class Real Estate, because like Stuart mentioned it is the lowest barrier to entry and typically easier to convince sellers of that property class to sell under their conditions. 

I target small and midsize companies who care more about cost than larger companies because they may be more willing to work with another housing supplier if they're able to offer lower rates. 

Speak with Andrew Weiner at Realty Now Property Management. 

The only catch, is that we wouldn't be house hacking to start, we'd be required to put 20% down on purchase/sale of the property.

Many investors start with a variety of insurance carriers to manage different properties.