Not a dumb question at all, but getting a $100K loan with no track record is difficult.

There is steady supply of renters, "guaranteed" rent and the organization wants to continue to partner.

However, the broader structural issues of affordability, housing supply, and financing access will continue to shape the market in the years ahead.For now, the homebuying process remains a challenge for many in this generation.

Just clearly state that you supply a starter supply of listed items and you should be fine.

Maybe the AI can keep you from calling people on the no call list and violating the law?

Originally it was going to be a flip as the rehab will be super light and I thought it would make a great first attempt at fix and flip.It is $329,000 and after just paint and a few cosmetic touches (no more than $10,000 total), I was going to list it at $400,000 with confirmation from my realtor that things are moving quickly in this price point.

I'm no in GR, but I am in Michigan. 

The fees and overall costs of these loans needs to be a key factor including what if the project goes over time . . . . you can be underwater in no time.Underestimating repair costs and overestimating ARVs based on Zestimates are the next stumbling block.There's money to be made but make sure numbers all work WITH contingencies defined and overages expected . . . remember, a project will always cost more and take longer than initially thought!

No thanks!   

No HOA, single family home.