I was 3 months into the rehab when I found out that I needed a whole other category of insurance (builders risk) instead of the homeowners insurance I got on the purchase and that for all intents and purposes, I wasn't covered if something happened.Its a little thing amongst the many things that occurred on that first flip, but I always look back and say "who knew" and know that I know now.

Which can lead to mortgage fraud, wire fraud and banking fraud. 

Very often they sound robotic and scripted and does not lead to hot leads or appointments. 

Quote from @Jessie Dillon: one thing that you can do is have the seller transfer the deed to a living trust that they're the sole beneficiary of, and call the bank to give them a heads up that they're doing it for estate planning purposes. then, a month or more later, buy the property sub-to, and change the beneficiary of the trust. the bank can not see who owns a trust, and if they ever come back and question it, you can just swap the beneficiaries again, show the bank that the seller is still the owner, then swap it back again when they buzz off. this is one of many reasons it's so important to keep a good relationships with the seller if you're buying this way. you have to work together on some stuff.In summary: fraud. 

The leads I'm getting for potential tenants are not the best.

First month of leads and I have to laugh at some of these.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

First, the stairs leading down to it would likely need to be replaced.

The conversation may lead to some form of "Would you mind if I replace it?"

I sense a bit of "purpose" that is driving you that you may not have thought of.