Nothing special in terms of the process: Met up with brokers in my area, underwrote hundreds of deals over 6 months, submitted dozens of LOIs and eventually found an offer that worked.It was marginally less competitive when I bought my SFHs - I could offer at asking and have a good chance of getting my offer accepted.

Also, I'd recommend getting preapproved for a loan so you can be competitive when it comes time to making offers.

Actual rent rates would be competitive, but likely a bit higher. 

Because economic laws LIMIT COMPETITION and they are introduced by, who, the poor guy on the street, NO!

This in turn is greatly influence GDP giving the market (both RE & stock) a false sense of security.

That probably had some influence on her decision.I say give it a shot using a small local bank.

Have you finished all your research to make sure you have no competition?

They'll tend to have more organization, block-clubs and government influence when it comes to services/police presence/being heard when change is needed. 2) DOM is a good indicator of the seller's motivation/willingness to sell low IF the home has been on-market for a long time.

What I like most about it is the competition.

/Dec)Many banks for the last 6 months have been testing the market and pricing even the messed up homes at full retail value.Trustee sales over the last 6 months got very VERY competitive and investors were bidding up homes above 80% of value, this caused the banks to try pricing REO's higher.I have no idea if I am correct or not, but I do know that times have been tougher to lock great deals so far this year.