The gift of desperation is a powerful thing.

With all the international cash pouring into the market, prices are being pushed up, and in many cases, the local investor is pushed out (we're seeing situations in which international buyers are seemingly ignoring formulas and returns and simply buying to park cash or bet on the rising tide - and multifamily is in high demand).

I don't see why I should need to get this signed by the seller, as they didn't tell me about the taxes, and provide clean title.I have a clause that reads:"Unless otherwise stated herein, or as otherwise provided on an inspection addendum attached hereto, Buyer shall have the option of inspecting or, obtaining at Buyer's expense, inspections to determine the condition of the Property.Seller agrees that in the event Buyer determines in its sole discretion that the Property is not suitable for its purposes, Buyer may withdraw this offer to purchase at any time, and the earnest deposit shall be returned to buyer, upon the sole demand of buyer to the title company."

They are in a land grab right now spending investors money, but they will start charging for it when the investors demand they turn a profit. 

There is some pent-up demand.

And home-sellers desperate to sell will initially light up OD's switchboards - and then blast them on Yelp when they get offers blindly emailed to them that are at the high end of the wholesale spectrum, but without the kiss (building rapport) first to make it palatable.So go to your local REIAs, talk your wholesalers friends down off the ledge, educate your fellow Realtors and investors, lean your shoulders into this small rain shower, and remind yourself that the "disruptive storm clouds gathering in the distance" are little more than 15 minutes of fame rain shower that will quickly pass over us and then allow us to get back to work.If there is anything else I can to help you grow your business, please let me know.Very Best,-G

It would only be of interest to a builder/redeveloper if the area is in demand.

I am going to take advantage of these to develop and execute my plan.My Plan is to - Purchase multi-family units (2-4) that need slight rehab or cosmetic work to force demand appreciation.

It was our first stop when we got back home.About 2 months later we got a letter from a house painter in the city where the purse was stolen demanding that we make good on the two checks "we" had given him to paint "our" house - checks from the closed account.

There are plenty of jobs in the area and rental demand will be strong.