EVERY TIME. try to price my flips at the absolute, utter, top of the market.Define top of the market and this paragraph could change dramatically.

How would that erode dramatically? 

Rents are very unlikely to fall dramatically but events can happen that disrupt things for a while as we have seen over the past 10 years.

So, where you are in that cycle will dramatically effect response rate.

With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible.  

With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible.

Immediately jumping to expressing concerns about "being out on the streets" is very dramatic. 

Joe that is the way its suppose to work and exactly how we did our sub toos  as you point out though when this technique starts to get marketed to the NO money no Credit RE crowd its going to cause some severe headaches for Sellers and Buyers.you hit the nail on the head of Chris's situation I am guessing and if I was buying paper like his fund does I would do EXCATLY what he is doing buy discount have the right to accelerate and get cashed out spins the APR meter dramatically for an investor or a fund. 

Make sure you aren't dramatically overestimating (which can be just as dangerous as underestimating) expenses. 

Cost of e&o insurance, mls access, association dues, and electronic key access are on the verge of rising dramatically.