It's not common for contractors to screw people over, at least around where I live, but there's always a few bad apples. 

I am starting to get the feeling they are not willing to leave and are possibly trying to get me to close escrow sign a rental agreement then not pay rent and live for free until the eviction suspension is lifted.

I don't lift a finger getting these leads.

I have gotten wholesalers send me deals with comps that are clearly from the boom days of 6+ months ago and the current market would not support them.If you use price per sq. ft, be sure you are comparing apples to apples and not bananas. 

Adjustments for sale price would be reasonable for superior/inferior unit mix (studio v. 1 bed v. 2 bed, etc), building size, condition, and location.As for your analysis of GRM, you might want to make sure you're comparing apples to apples.

Apples and oranges really.I think it comes down to the areas you go too and the deal itself.

So even the cost-of-capital is far from apples-to-apples when comparing.  

The case is already lifted motion from stay, the lawyer said we have to wait 10 days to file eviction at bankruptcy court or contact the former owner to make a deal.  

@Ty KesterHi Tythis is the type of deal that we shy away from, some heavy lifting but also some really big upside.I would try to find a bridge lender that would lend the rehab costs as well, only thing is they will charge you high rate ( I bet around 10%) and points (2-3, at least).  

I have seen $35 appl per applicant.