I plan to talk to both of them in the morning to figure out which is the best option for me. 

The lender I'm talking with is planning on 75%, I just want to make sure their isn't anything with the FHA loan that says I cannot refinance and move to a LLC without consequences.

I plan to sign a six month contract and see what happens from there. 

Backflip sounds interesting, and I plan to look into it further.Quote from @Annie Seurer: Hey Mark,I’d also recommend considering DataFlik for deal sourcing and lead generation.

Previous spec home from the builder with nearly identical floor plan was sold as 2BR, but lists on AirBnB as 3BR.

Then I(we) control everything.I know there are details to work out, and I am still in the thinking/planning phase, while I continue to save money, but is this a conceivable plan?

I think you have a solid plan in regard to getting a summer home.

Now I’m going to start back with a little bit more planning.

I am planning on buying and holding for the long haul.

However, repairs or improvements must be permanently affixed and add value to the real property.Costs and Escrow AccountsThe costs of the renovations will be based on the plans and specifications for the work and on the Construction contract for all of the work requested by the borrower.