If I can get someone to understand and agree with my contract terms and i'm not breaking any laws then its a win for all involved.

Finally, since my market (FL) is so competitive I'm concerned that by my conservative underwriting guidelines I'll never win a bid because so many entities are out there throwing money around and paying full asking price.

I know a number of agents who are now using full motion videos, promoting $2M+ properties locally and internationally, and who report that their commitment to making these videos is landing them more listings, winning them from agents who do not use video in their marketing.

Might want to get with a commercial real estate broker who focuses on the 10,20 unit type apartments.The big players do not mess with that stuff.

If you can do all you can not to loose, the chances of winning increase substantially.I hope that helps...

There's ways to win, but the odds are significantly against you.

This is especially true when there are a number of players involved. 

Memphis's downtown area is being redeveloped by several big out-of-state developers, and that shows that major players have decided that Memphis is a market worth pouring money into.

I had a tenant once say he's a professional poker player, plays poker on the internet and gets paid from an offshore account, but he said he doesn't include much of that income when he files his taxes, he wanted me to trust him he could make the rent...I now request the annual 1099 (equivalent to W-2), certified copy of IRS-1040, and letter from accountant (preferably CPA) which should state nature of business and income holdings, annual income expected for current year, amount of annual personal income applicant takes from business, and bank references, credit report, etc.

A win-win-win situation for BP.