I always get people tell me that they cannot flip in their area because the asking prices are too high or there isn’t enough price disparity between renovated and unrenovated properties.
I don’t think you should look at it like that…
If the asking price is too high, then offer what you can pay.
If the markets too hot to buy on-market, then focus on off-market.
Ignore the asking price, pay what works for you.
It’s a numbers game, every no means you’re closer to the next yes.