Where's the profit in charging market rent to an optionee for 12 months and selling it to them at Fair Market Value...why not just rent it to a market-rate tenant?

What if the owner lives in an another state and wants to sell their house to me as a Real Estate Investor how will I meet them at the house

We are currently residing in Melbourne Australia and the Property Market Median ranges from 700,000 to 1.2 Million+ depending on location.I too have been fortunate to be involved in the Real Estate Market (in the Melbourne regions of Australia) before the market became too saturated.We are currently exploring and seeking to expand and invest in other markets.

Zestimates are very inaccurate; I would not rely on them at all.

The grocer says he is not interested in selling them at that price and suggests the customer cross the street and buy them from his competitor""A few minutes later, the customer comes back empty handed.  

There are at least 10 that I can think of off the top of my head in the Metro Detroit...NONE of them involve a Detroit address.Found 3 this morning (yes, off of the MLS) that we are going to put in offers on...and yes, I fully expect to get at least 1 if not 2 of them...at my terms. 

I've got a few asian accented sellers that have called me in the past and It's been a huge turn off to try and call them back or deal with them because I can't understand them at all.

I have some properties you might be interested in exploring. 

If we need more money for more deals, we'll explore other options. 

I'd mail an initial letter but if it was a local absentee owner or the mail was returned and I found them at another address- I'd go visit in person.