The salesmanship portion of REI is about honesty; you sell your service and exchange honest justifications of why you are making this offer.

So basically your justification is that because there may not be a high risk of getting caught, that makes it okay?

Hopefully you will be making enough money in your REI that you will just hire one, no questions asked.So I would go with Finance, just if you are interested in what will help you in your commercial investment career.

In that proposal, include your justifications for your price.

Is it a good choice for all homes, or just flips, or just if you decide to keep it and rent it?

Yes it can cover for lost rent, but I think that's just if there is damage to the property that makes the unit unlivable for some period of time.

The bank may also ask you for all of your receipts; they want justification of the new price you are asking, even though it is not their business!!!

It's nice to have a business justification for a toy investment.

If you have a policy in place that charges higher rents for older homes that provides an incentive to have newer homes, that might fly as a justification.

I've been looking at purchasing my first property in Orange County, CA, but I just can't find the justification of purchasing an overpriced home to live in and pay the big mortgage.