Real estate is NOT a passive investment and requires lots of analysis and education.

If you can sit on the sidelines and be choosy this requirement is fine, but you are going to have to kiss a lot of frogs before you find someone with that much cash on a wrap sale transaction...it may take 6+ months unless you advertise like a mad man3.

2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%.

Set clear and consistent application requirements so you can base your decisions on solid facts.

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

Most DSCR lenders will require a credit score of 620 or better.

Is it simply another word for peer pressure?

Although, some of the information was not required either time and some was required both times.

You can simply list it as a $300k sale and list Seller Finance as one of the financing options in the MLS.

I have been able to find a couple of options for this setup though, they just require separate leases for each room and sometimes 2-3 months of rental receipts as well.