I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants?

From a lender standpoint I think the main areas of concern with auction properties boils down to access.

I’m thinks just pay him his regular price for the job and throw him 5-10% finders/gc fee instead of making a 70/30 split or something like that.

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

I think by waiting to last minute to put things together you miss items and year end tax planning becomes problematic.

., I don't think so.

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.

while i do think it's valuable to analyze properties, it's really difficult to underwrite based on photos. 

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I still need to do a deeper dive, but the ownership structure was one of the external factors that I was thinking about.