There are lots of ways in, just have to get clever and start talking to people around you!

Mexico, Tightwad, Clever..

If you are using a lender that holds all of its own loans your scenario would be a very clever trick I could definitely see be used.

let us know how it works.. however just know Private investors are just that private you dont find them in places like this.. they are your doctor your dentist your uncle the guy you met at a meet up.. those are private investors any lender that advertises for deals is not a private lender.. there is a lot of air time on Sperber the clever investor and his Lambo LOL...

Also, I am planning to start or sub-contract a linen service since the laundry is what takes the longest during each flip. 

a family member of mine has an Airbnb property. they had their house cleaner come in after their last guest had left. a few days later, before the next guest came in the cleaner returned to the house because he thought he had left something behind. when he went inside he found that someone had been staying there. the bed had been used, there was beer in the fridge, dog hair on the couch. this got me thinking about how easy it is for someone to log on to Airbnb and look at a particular property to see if there is availability that day, then you could just walk up to the house, knowing it is vacant and try all the windows and doors to see if the last guest left anything unlocked. this seems like a pretty clever idea for a vagrant looking for a place to crash. has anybody ever had this happen to them?

I couldn't think of a clever screen name so I figure I'd make one that reminds me to focus on my goals.

So for those of you that are looking into the PLOCs, just make sure to check and read the contract documents carefully, the banks will cleverly hide this 2% minimum rate on all the other documents. 

The linen ones look as good or better than my "day job" business cards and I work for a multi national multi billion dollar company.

Lucas is right that you're looking at a significant cash outlay to furnish the place - and don't forget that means linens, kitchen supplies, and decor, as well as beds and sofas.