In terms of this situation - I can attest to what your broker mentioned about inspections, in NYC/LI the inspection is done *after* offer accepted and *before* contracts have been signed.What you've experienced is unfortunately very common whenever there's a listing that's getting a lot of attention... you had a verbally/written accepted offer and the seller decided to change their mind BEFORE signing any contracts.Your broker probably could have done a better job of keeping the momentum going from the seller's side, but ultimately you can't change the seller's mind if they decide to keep showing the property (not illegal) and collect/negotiate more offers (not illegal). 

Again, consider the requirements of your lender (if applicable for that rental property).These are just a few areas you can consider and visit with your agent about, and are likely the most common ways to reduce premium. 

What are your goals?

My goal is to work with best brokers on these smaller deals. 

These large buyers/owners would discover that no matter how much they controlled their processes, it was extremely common to have multiple houses in the same neighborhood (or even on the same street) with dramatically different floor plans, mechanicals, and finishes.

I guess I'm just sick of watching banks and corporations ONLY care about the dollar and not the people who bring the dollars to them.With my background and goals put forth, I look forward to getting to know a lot of you and gaining insight into this market and how it can help my to enrich not only my family, but families everywhere.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

If your goal is buying something 2-4 doors you may have to be patient for the right thing to pop up. 

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The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining work for the bookkeeping team.Example: We're buying a 40-unit apartment complex (in Michigan) with an annual property tax bill in year 1 of approximately $50,000.