Apologies to any classically trained economists here, but the 'science' of economics is largely junk science, at least applied to today's nations and markets.

And this is the CLASSIC response you get...Oh no, there are comps for $318k, but this is the house they liked best and the seller wouldn't pay any closing costs"https://www.biggerpockets.com/forums/311/topics/124568-reasons-for-seller-concessions-vs-price-discount Besides going $5,000 over the max sales price the buyer can actually qualify for, obviously the seller is not going to also pay 3% seller credit in addition to the lower negotiated sales price Mr.

If you have not, what would make you consider switching to this model compared to a more classic rental or Airbnb?

It is the classic I will be there on Tuesday to begin sheet rocking your project followed by me receiving a text informing me my helpers want to attend a Halloween party so I cannot make it Tuesday but will be there 1st thing Wednesday morning. 

As long as the title is transferred to the buyer and the mortgage remains in the seller's name, it's a "classic" SUB2 deal.

Sorry for the ramble (classic me), you are in a great position right now and you have multiple lucrative options available to you.

@Ashvin Dewan,It's a classic stand off. 

Classic BRRRR method.

I seem to recall there was stuff like a 24 hour on site manager required at all complexes (crazy and would put most small folks out of business) and a no income source rule that would force all but the higher end rentals into Section 8 whether they even understood it or were aiming for it (classic big penalty, stigma and lawsuit for violations).....I mentioned the small time folks may not all be interested in Section 8 or set up to participate and handle that market.Oddly, the assembly's goal was more housing, better managed housing, more affordable housing.

Me and my business partner are looking to purchase our first investment property, classic House Hacking style!