Prices in Rocklin are ridiculous and it would likely sell in the high $300s (currently appraised for $315k), or I could rent it from out of state. 

This is beyond ridiculous.  

It mentions it specifically so it can say (basically) that "if you don't pay your mortgage, all the rent payments from your roommates belong to the lender and you aren't entitled to a dime," but rental income is specifically mentioned in the standard owner occupant Fannie/Freddie Deed of Trust (at least the one used here in CA).So it's a little ridiculous to say that it's fraud to have rent-paying roommates.

It’s ridiculously low and not reflective of listing value.

The residential market is saturated and MF is trading at ridiculously low cap rates. 

I feel like this is a ridiculous expense for me.

We thought she had sold her home when we signed a contract after negotiating at a fair price, only to find out half way in that the "investors" weren't serious and tried to lower the price at a ridiculous amount.

I've been in many situations where I thought my offer was ridiculous (because I know what a deal should look like) only to find the buyer perfectly content with the offer OR they tire of the negotiations and they tell you their true bottom line.  

On 2) Isn't it funny how easy it is for people get scared at the bottom and sit around wondering where the bottom is when the prices were so ridiculously cheap?  

Meaning, if there are any crises like the ridiculous inflation going on, or COVID, people will still drive to their regional vacation spots.