you need to be able to work your angle. either you need to get in under market value or somehow add value to it

Process was easy and funded in under 2 weeks from when I put in the application

I didn't realize there were more requirements to receive an exclusion in under two years.

Ultimately it may be in your best interest to take care of it and may be required by law depending on the state.Rats don't squeeze in under a door, not a normal door at least, so I would first make sure that all outside cracks, crevices and holes are filled up, especially in a crawl space to prevent anymore from getting in.Then, again it really depends on the state laws, but after my due diligence is done sealing up the up the outside and inside of any places a rat could get in I would think about telling the tenant that they can buy rat traps or whatever they want to use to get rid of what's is inside and I will reimburse them the cost with a recipe, I would only do this if I felt comfortable with local laws otherwise I would just hire a pest control person to take care of it.

This seems quite limiting if you're trying to BRRRR a property in under 6 months since so much of the out of pocket expense are the rehab costs which you aren't able to refi out of.Is it really as black and white of a choice as 1) wait 6 months to pull out the full 75% LTV or 2) if under 6 months only pull out the original cash purchase amount?

I can't speak to trying to make a quick flip, not my business - presumably it's not as good a situation as you can't wholesale evict now or massively raise rents, and or change the dynamic of the building in under 2 years. 

I wanted to turn my rentals from empty to on the market in under a month.

The market here is pretty inundated, but there are still deals to be had.

I'm in a good state where I can get tenants out in under a month.

Plumber had the line replaced and water back on in under two hours.