It can be done even now, but it's a competitive market, so be patient and wait for the property that fits the numbers. 

Please; believe me when i say this far outweighs the reward satisfaction.

Real estate takes patients and time. 

I have to agree with @Sharon TzibMLS deals can be found but you have to: 1) Be very patient and 2) Act quickly (and I mean 15-30 minutes of it coming to the MLS) for a chance to snatch something.

Be patient and keep searching and you will find a deal. 

Hearing from someone like you makes me feel that it's very possible, if we are willing to be patient for the right deal and put in the work once we find it.  

I ran to BP to ask the smart people and although I made a mess of my question, I was still patiently guided by @John Dirgo Deweese to figure out what I should really be asking and here you now bring me back full circle to where I started.

Be patient and analyze accordingly.

It just means I have to hunt that much harder, which only makes the satisfaction when you get one that much greater!

If the buyer finds something not to their satisfaction, they can elect to cancel escrow (during the 10 days for just about any reason) and get their earnest deposit back.