Some examples:Scenario #1)Owner inherited it from mother, used it as collateral for cash-out refinances to fund a failing small business. 

Hello everyone,I just discovered Bigger Pockets and can't believe what a wealth of information this site is!

@Jay HinrichsI'm just learning to use this site.

@Carlina Burford if the owner has had 3 accepted offers presumably from a bank (based on the fact it failed inspection), I'd be extremely surprised if they were to accept your offer based essentially on the land value.

Now I’m using all the free sites due to RE agents don’t want to go through all the work for no reward for the sake of doing price analysis.

Nowadays, you can search on consumer MLS related sites when you want to find properties. 

Depending on your strategy sites like those may be fine for some strategies, but for qualified leads you need better data or you'll spend much of your time running in circles.Also, even with the better data, it can be challenge reaching some distressed owners for  a litany of reasons.  

I just came across this site and have been checking it out.  

@Keith Patrick one other thing I can recommend is reaching out to syndicators on this site with offers to help them (make coldcalls to property owners, perhaps tour a property, or anything else they need help with...)I, too, am really interested in Multi-family investing/ syndication and I believe offering to help the investors who are doing what I would like to get good at is a great, economical way to get ahead.

It takes quite a bit of hustle and learning and connecting with other too succeed, but the results make the effort pay off in a big way :)If you don't get that many responses about accepting your free lunch, I would suggest looking up which members on this site live near you and then reaching out to them and offering again.