It is easy to respond that they are not purchasing the property at an extreme enough discount but think there is more at play than that That's the classic investor lament, isn't it?

@Gaya Ben SimonThe classic methods of this era to start generating off-market leads are the cold calling/texting combo, which revolve around extracting data from services like PropStream, ListSource, etc...Skip tracing them and then cold calling/texting them with the endless amount of scripts that circulate this industry.

They told me the property needs to meet the classic formula: ARV × 70% - rehab costs — which I know is pretty standard. 

You're facing a classic rent-versus-buy dilemma with a few unique factors, and it's smart to carefully weigh your options.

Yeah, this sounds like a classic case of unauthorized work, and honestly, you have a legit reason to push back.

Here’s what I’d focus on:Keep learning—podcasts, YouTube, books (Rich Dad Poor Dad and Think and Grow Rich are classics for a reason).Keep flipping—couches, bikes, anything.

It's Classic.

Classic usage of accounting language without the scrutiny of audited financial statements--not to mention 9 points of discrepency in a "historical" number.Here is the link to the report and addendums sent in 2024 to law enforcement.  

This is the classic strategy of offering cheap and then wholesaling the contract or getting it at a deep discount.

Plus its a classic..