You won't be able to use conventional financing and must use a non-recourse loan which typically require 40% down.

All are local to me in a non-vacation rental spot.

I will insure the property as a non-owner occupant. 

We pay close attention to how people move through the space, creating homes that feel effortless to live in.Outdoor Spaces That Shine: In San Diego, outdoor living is non-negotiable.

Sellers rarely mind the low deposit and extended closing period due to the nature of the property, or at least they can be made aware of the fact that their lot has issues that will take MY time and MY money to solve and then they come around.My terms on the flip are: Minimum 10K spread between purchase and flip value.  1-2K deposit upfront to hold the property for 7 days then the deposit becomes non-refundable after the 7th day and the buyer has the same amount of time that I originally negotiated with seller typically 8-12 months(its a purchase contract but because of contingencies its essentially an option).  

The goal is to ensure that the property remains viable even if circumstances change, like dealing with a non-paying tenant or a market downturn.

They probably want to be certain YOU are legit.Most of the scams I've seen are by non-owners. 

Non-compliance can result in penalties up to $500 per day and potential criminal charges.

Everyone thinks they can paint but there's a big difference between a professional paint job and a non-professional one (the latter usually actually damages the property instead of improving it). 

Looking forward to working and meeting everyone both local and non.