But it's not anti-flip if you want to buy it and sell it for less than $119,000 in under 90 days.

The key component is going to be whether the bank has an anti-flip clause in their addendum and/or if you can actually assign the contract. 

Personally I think that while small sections of places like NYC and CA will always be in high demand for a small percentage of elites the long term growth prospects of places with a low quality of life for families, anti-growth policies, and high regulation are weak.

Aren't you anti-insurance?

I am an anti-Wall Street guy.  

I can account for the potential PMs attitude other than anti-steering laws, but that doesn't apply to what you're doing.  

However I will note that I truly believe that this is a stale relic of the same type of anti-city, anti-lower class, anti-minority & anti-historic architecture policies of the HUD & FHA exemplified by the issue of "red lining".

While I'm a big proponent of Section 8 as a program (though not necessarily of all the tenants), and have issues with the application of the 3x rent income requirement for those with vouchers (which gave rise to the anti income discrimination laws in some localities), I am not a fan of what your applicant is proposing.

I'm not anti PN, just was developing a plan I liked, forgive me for attempting to do so.

Plumbing code requires an anti-scald feature in any new shower valve, if you install a two handle you need to install a watts anti-scald  valve upstream of the hot water line, this valve has to be accessable.