Thanks for your help and thoughts.Andy Chang

People never change.

They are busy and deals go fast in this climate especially in my market where everybody has money and wants to invest.I can only learn and absorb so much by reading. 

As in, the right occurs every time the property is about to change hands. 

Two months ago I purchased a duplex on a 20yr 4.5% business loan with a balloon payment due at the end of 5yrs or I refinance at that time. I have the opportunity to move this business loan to a private loan which is ...

I also find that many landlords are happy to rent to strong long term renters at a set rate and are reluctant to raise rents as fast as appreciation (often requiring new renters as the old ones cannot afford the new rent rates). 

Does the process change when you have a group of unrelated people like students renting a place?

Its very suspicious the price is dropping so fast.

You can offer below asking with a HML since it is cash and fast closing.

Unless there have been very recent changes, the few opportunities you will find are for Accredited Investors only.