I'm glad to hear this tip being doubled down. 

Many times, HMLs are best suited to cover both purchase and rehab to avoid that double-lien issue.

@Zachary Cain Humphrey, IGMS  has been pretty good , been with then two years , never had a double booking , pricing fair 

@Kitty Walker- As an investor, I've refinanced multiple Padsplits and co-living properties (where we go direct to tenant without Padsplit), and I generally agree with your last statement, with some caveats:- if the renovation is done well, the appraiser may not even say anything that would indicate it is an "abnormal" SFR (has happened multiple times with me)-the investor may be wise not to make the house crazy- just leave a nice open living room, put double doors on the dining room so it can function as a bedroom now but be easy to convert later, etc.  

Another period of QE will drop rates to the 3% range for a period.Ultimately, history has shown real estate values to double every 15 years. 

So if they say FMR is $1,550 a month for a 3 bedroom than you can ask for $1,550 a month.

If your strategy is to double close on all your deals then you can do as many as you want.My other comment- You have been in the business for 3 weeks and you believe you have "a decent understanding of the industry".  

You know they will want to add more bedrooms to your house by eliminating the dining room and any den or other similar space and turning it into more bedrooms, right? 

@Kayce Tackett I've been doing a strategy with buyers that is essentially a double close.

So it more than just price at purchase its all the costs.. and MTR bring in double or more normal rent.