I guess I'll just have to be very careful with my wording during phone screenings.

I guess I just need to shift my focus as well. 

My understanding was that he's putting them in escrow to then draw from as he does the repairs (in his example, it's $10k wrapped into "settlement charges" on the HUD), though I guess he doesn't say this specifically. 

But now, investor-buyers not only need to worry about out-bidding competition on price, sellers are also demanding that inspection periods be waived for fixer-uppers.I guess it’s not all bad.

I'm guessing the "within 6 month" requirement is part of the 6 payment requirement and figures into the back end financing arrangments.Good luck.

I usually try to keep those the same as all things go up and difficult to guess will go up faster. 

But if there isn't, I guess it will simply remain a black box.

I guess I can just be happy to never have to be a landlord again.

I would guess you do a few things extremely well. 

not sure if they have come back.  2nd position hlocs are sure to be pretty pricey, I'm guessing at least 2% points higher...Good luck.