If you're sending out a big quantity of offers, you could find yourself with more accepted offers than you can afford to buy.There's also a remote possibility that you could be sued for fraud in the inducement for entering into a contract that you don't have both the intent and ability to close. 

The Parties acknowledge and agree that any misrepresentation or deliberate omission of fact that would induce Bank of America, an Investor or a Mortgage Insurer to agree to the terms of a short payoff that would not have been approved had all facts been known, constitutes Short Sale Fraud and may subject the responsible Party to civil and/or criminal liability.12.

That said, we’re currently looking for deals with an ARV of between $200-$250k without stroke-inducing renovations (no structural damage/foundation issues/former meth houses).

Do not be induced to panic and fear, do not be induced to run away from the market or dump your property out of false pretense of a market collapse as ALL data shows the opposite. 1 simple fact, fed printing, fed saying they are going to let inflation go a bit more than normal.

The real estate bubble in 2007/2008 was primarily based on government-induced loans that were then backed by government via taxpayer. 

I think the risk they have though and I know they are licensed I checked.. if they are using old and out dated data to justify their values.. then I think some sellers if they wanted to  come back on them could claim some sort of misrepresentation or fraud in the inducement.. along with unconscionable profits claim..