I suppose this policy cuts down on tire-kickers, but unless the seller requires the buyer also to waive the inspection contingency, the lack of a pre-offer walk-through really doesn't restrict the buyer.

You need first to determine what your specific target investment vehicle is to be. once you decide that you then specialise your education around that vehicle.

In other words, if the borrower had $300,000 of debts before the short sale (including mortgage, 2nd mortgage, car loans, credit cards, student loans, accrued tax liability, loans from parents or IRA, everything) and only $200,000 of assets (including FMV of home as determined by the short sale contract, equity in vehicles, so-called "sticks and stuff" being the total of all routine personal possessions, and value of retirement accounts) the the borrower is $100,000 under water or insolvent.  

A couple vehicles pull in and one of them is a realtor that saw the sign and wanted to know if she could show it to her clients.  

Put yourself in the banks shoes, if they didn't require this then the housing market would turn into a craigslist posting site with tire kickers throwing out millions of low ball offers hoping for someone to accept.

Its absolutely not crazy to consider out of state properties as your first RE investment vehicle.

I wonder if it's something to do with my marketing piece or perhaps I have not sent enough times, but I thought it was peculiar to not have gotten one single call, not even from tire kickers!

I get so tired of every buyer, broker, flipper, appraiser, contractor being referred to as "him". 

Nobody wants to disturb their tenants for every tire kicker that isn't going to offer.

They have even asked if materials or work vehicles would be stored or left at the property.