It had been sitting around for awhile and was a good small deal to get my feet wet.

Has become super common with these wholesalers learning how to create terms on deals that have been sitting on market for a while. 

We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months.

I flip with cash, not loans, mainly because there are not enough deals out there that meet my highly selective acquisition criteria, so no need to pay interest on cash otherwise sitting in a money market account. 

Sit back and collect checks *(or no checks).

Plenty of houses in the 400k range that sit over 80DOM because low buyer demand, low buyer ability.

I would love to sit down sometime and connect over a cup of coffee or virtually.

Since you said you don’t really need the cashflow because you are sitting on huge reserves do the math based on income instead of cashflow.

It's got nothing to do with people being speculative or "sitting on the sidelines". 

Join the chamber, maybe find a couple of boards to sit on, attend local sporting events and talk with people while you’re there.