I have almost an identical property and this was my first BRRRR so happy to share the results.

His response to what led to this decision was identical to what others have posted. 

Higher Fraud Risk: More susceptible to fraud or scams; verify seller's identity and property ownership.

Unfortunately, Facebook is not a trustworthy source for verifying someone's identity.

They do not actually have any money coming in that's why they charge so high and keep changing names so that no one can recognize them and they take a new identity every few years, do not sign anything with them!!!

if identical comps are 160, 160, 160, 160, then it's 160. 

Many management companies archive or destroy old applications because they do not want to be responsible for SSNs getting out to identity thieves. 

It makes us feel that they are trying to hide their identities 2) we could not find any information on the founder of the company 3) could not find any info on the company on the internet 4) when they ask us to pay, they have a discount with Zelle.

The average build cost is nearly identical but the lower price range nets out 308 builds in ten years vs 303 with conventional algorithms. 

I received an almost identical letter from Texana Bank.