@Matthew C. several thoughts:1) Appears you have a Class C or D property. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?

I get a lot of doubt from people but Im am willing to take the risk and go for it.

Seems like a high-risk, low reward situation though.

Obviously there is risk involved (as with anything).

As well as accessibility to them for you to strategize and get answers to questions.There are several QIs like us right here on BP. 

Short term, leaving financing in place during rehab prior to resale — great strategy with limited risk to either party. 

However, it restricts corporate growth.Syndication, on the other hand, involves several investors funding larger deals.

Be skeptical of the developer's claims, as your property's value likely won't see substantial growth until the entire development is completed and sold, which could take several years.

It was a pretty annoying process and I'm not sure if its actually worth it, but my husband is risk-averse so here we are.

That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.