I think they might really be offering me only 10% over current rental market, especially considering the home is so new and I'm getting many calls from people who want to rent it. 

Networking is so important and has allowed me to get good pricing on NPN's.  

Do you guys think this maybe left alone since there is so much unknown making this wholesale too risky?

There is so much at risk if something goes wrong. 

I'm still awake, reading, there is so much on the forums.

Sorry competition is so stiff where you are.

Our market is so hot that we have lots of rookie investors and wannabes overbidding and overpaying for things to the point where it has become pretty much impossible to find a good deal on the MLS.

As far as the other issues, I have experienced water seeping through windows, but that's only when the storm is so bad that the rain was literally hitting the window at almost a 90 degree angle.Rainwater seeping through the walls and damaging the baseboards?

Since I look at several, these other properties that I would offer on if that initial offer does not go through (meaning the seller is so stubborn that negotiating isn't going to work).If offering on several at a time and then withdrawing, after so many times doing this I would think agents will not want to work with that person knowing they are going to be withdrawing the offer.I did once make an offer and withdraw.

I guess if there is so much interest we should all meet up at a local restaurant or Starbucks and network.