Finding, evaluating, and renting/purchasing real-estate is extremely difficult, and the current market makes concurrent evaluation basically impossible. This is

Finding, evaluating, and renting/purchasing real-estate is extremely difficult, and the current market makes concurrent evaluation basically impossible. This is similar to the job interview problem. Some move faster than others, and you end up having to either cut options early, or let good options expire. The situation is very "bird in the hand".