She told me I wasn't the type of person they wanted to work with and hung up on me.Now that I've read the comments here, I wouldn't have even taken their call based on their business model. I

Hey Thomasina, I'm very intrigued by the rent by room model.  I

Contractors aren't Property Managers and don't have the expertise typically to get the property into rental mode. 

So, I don't understand what the business model is here, but I'm getting tired of wasting MY time, trying to respond to THEIR solicitation.  

You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).  

The bank used a comparable sales model. I

@Ted Akers  got it.. since It was not my business model I just fast forwarded to your default position..I have a proctor insurance account so I can insure for monthly fee. so house was protected for the few days I owned it. 

Then, and only then, tackle another strategy/business model. I

Though they close one out of ten deals, their business model is stealing deposits.  

While I do price competitively, I am personally not competing with the "race to the bottom" lenders that will do loans for almost free because their model is volume.