If you're not transparent, then they think you're going to make a killing because they don't know about all of the related costs to flipping a house.As for going to buyers, they really shouldn't care, and if they do, they're not necessarily a good buyer. 

It may provide a small amount of profit, but that is not the primary rationale for going to paid laundry.  

I remember reading a story about one investor who got his start when he purchased a 200+ room hotel in Buenos Aires for a song when the economy last collapsed.. that was about ten years ago.Chile has the strongest economy in all of South America, and Montevideo has the highest quality of life of any South American city... 

It seemed that the tenants might have an issue with extra payments at the beginning, which is why I thought if I do a subto, I can forgo cash payment and just structure with mortgage payments and additional monthly payments for my equity.

Every time I hear the song Independent (the i-n-d-e-p-e-n-d-e-n-t one) I think of her!

Given the circumstances of the renter during the repair period the $300 seems like a good business decision = (not charging rent during a time when the unit is non-operable as a legal rental).If they did not have the option of staying with a relative (not everyone can--new to the area, etc...) then the closest Motel seems like a reasonable offer.I think it comes down to the rental experience that you want to (or need to) offer the renter (in your market for that property class) to hopefully retain them long term (excessive turns are a money eater).Some areas and some renters are way more self sufficient than others who are used to having everything in life handed to them.Self reliant Wyoming-ens might have a different attitude (or needs) than some of the more urban renters, hence the different (profitable there) business practices (which reminds me of this song)... https://www.youtube.com/watch?

I have personally had TRUE unsecured LOC's for going on 30 years now with multiple banks and I know how hard they are to get and that they basically are relationship based  IE  where you bank and have significant deposits.. 

Imagine the MC hammer song.. but then .. 

I would recommend finding an agent in your area to help you find the property you're searching for. Go

Just like learning a new song on guitar or fixing up an old car can "drive you crazy" at times.