It keeps things flexible and accessible, which can make a big difference for everyone’s schedules.At the end of the day, I don’t think your approach is unreasonable at all, David, especially for higher-value properties.

One hurdle you may have depending on location is zoning approval.

1) It's not unreasonable to end a tightening cycle with a larger rather than smaller drop.

The first hurdle was convincing them to leave via cash for keys.

The first hurdle was convincing them to leave via cash for keys.

Dealing with unreasonable reviews, especially when you’ve done your best, can be frustrating.

Am I unreasonable to think this? 

After reading and talking to my lender which didn't offer it (similar to what @Drew Sygit said) I went the conventional route and used cash for the remodel. 203k loans have hurdles, payment draws, specific contractors (grosssss), and other requirements that slow you down or cost money.Investors have found success with (203) loans it but consider your overall goal, budget, and timeline. 

Even 10 seems unreasonable for many, but 4 gives them a goal and also allows them to see if they like it.  

For those who've made the leap, what has been your biggest hurdle?