I am tired of getting outbid this way I will still make checks just not as much and then when I do find a Goodnite deal I can wholesale it or buy it myself?

Rodney, impressive work with the discount off list price...they were tired obviously, way to snatch it up! 

Progress Residential sent me an offer $25k over asking and buying as-is (I haven’t even posted pictures tires).

Tired of beating this dead horse, frankly.

Will it lead to mass foreclosure.... probably not, but I do think it will turn a lot of gung ho high leverage BRRRR type investors into tired landlords.  

I'm going to interpret discovery as pre LOI diligence, AKA tire kicking. 

Tired landlord?

I bought my 2 barrier island Florida STRs from tired landlords, who carried back a mortgage for me at 6% interest only.  

I also do not agree to show the house until I have pre-screened them with basic questions such as: 1-Have you given notice to your current landlord and when exactly can you take a house as we are looking for immediate occupancy--the house is ready to go- We also do not schedule a showing until they have driven by the house, walked the property and seen the neighborhood--if they like the house, they generally call you the day they go out to see it--there are alot of people who are just kicking tires and really are not that serious about moving--you have to control the showings, unless you do not value your time--You can also tell alot about the potential renter by the manner in which they answer your questions-- we take showings very seriously and prep the house as a formal house showing--, aired out, freshly swept, vacumed, etc--I do not want to go through all that hassle and time, not to mention getting your lease apps ready, driving to the house etc, just to deal with a looky-loo who is just wasting your time.

Tired older owners that want to sell, I know the owners well.