But does inflation explain the median down payment being 10% and leverage ratios being stretched?

A call will be scheduled to explain more details of the two deals.

Typing out all the possibilities & explaining the combination lease back & 1031 would be arduous .In a nutshell, for an effective solution you need to calculate her gain & then brainstorm solutions to solve the sellers situation.

@Chris Mason Can you explain why this is a good thing for me?

I can still smell it.I explained this to the current tenants and of course acted shocked and stated they hated smoking. 

The most confusing part is the "High Bid Premium" it is a complex concept that is hard to explain.

Maybe it would be an easier sell if we make clear the costs of having one-third of a nation ill-housed - and explain how eliminating those costs greatly reduces the bill.

Tracey remember you only really have an offer submitted, we explained above that the bank could take up to 10 days ( I think ) to accept or reject your offer.

You may want to know what your break even number is so that you can explain to him how much of a safty margin there is before the deal would lose money.  

Then can you explain why wholesalers are having such a difficult time in this market?