For examples, The big banks all have mobile apps, country wide branches and superior 24hr customer service.

Once you throw in a couple of holding costs like insurance for example I don't see that any where, or even a tenant turnover your in the red with little hope of clawing back out. 

Write a letter explaining your past successes, explain HOW you can be an asset to their organization and prove it by examples with references.

For example, you set up key word alerts. http://www.biggerpockets.com/alerts

For example, you set up key word alerts. http://www.biggerpockets.com/alerts

Distressed sellers who have a greater need to sell the house immediately instead of waiting for a market offer are the classic example, but there are obviously other situations that create this imbalance. 

Over Improving would be fixing/renovating a property to a point were you will not recoup that capital investment because the neighborhood comparables will not support a value that high.An extreme example would be installing a $100,000 in ground swimming pool and patio in a home in a neighborhood where the homes typically seller for $85,000.

Stay with YOUR numbers always" said by Account Closed.In your theoretical example, you said "I was going to write up an offer for $85,000 plus all closing costs (capped at 9% of offer). so my offer would be up to $92,650 net to the bank (at best)", but didn't you get the "Net" figure skewed?

For example a house that rents for $2k a month could potentially rent for $200-$300 a day.

Owners have made a financial decision to put their real property up for auction online because it serves their needs better than listing with a local agent.Hubzu.com is one example of an online real estate website where sellers can list their homes (residential listings only) located in Florida, Texas, California, Georgia and Illinois.