It was not necessarily because I didn't think any could be a good investment, but because I felt like the price I was willing to pay was much lower than the ask so it was not worth my time to through in a low ball offer.

My question is, am I wasting the listing agents time going to see the place before I even know the ball park feasibility of the deal?

is it an agent that will make frequent low ball offers on your behalfor an agent that is versed in the market and can find you off market deals and or help you in other areas. ? 

While I wouldn't rely on zillow for purchasing decisions, I do think it is a good, quick value measuring tool that is easily accessible and simple to digest.I use zestimates to give me a ball park, particularly on areas I'm not as familiar with.

I was around $3.2, but that may seem like a low ball to the seller. 

He said it was completely legal because:>>Holdfolio is organized under Regulation D Rule 504 which allows for both accredited and nonaccredited investors to purchase ownership in the portfolios of homes we have available.Have all the other marketplaces simply dropped the ball and not realized that regulation D rule 504 can be safely used in this way?

Seller is also a contractor.But it seems from the looks off it it is in the right ball park.What you all do not see is the outside.

My crystal ball is broken, but I think prices will do fine for the next few years in Austin.  

Furniture is a huge curve ball, but I assume your unit is unfurnished and will speak to that. 

These could be ball parked in the initial review to see if its feasible.