I didn't think it is necessarily a bad thing, just is more of a sales strategy than anything else.why do you think that the concept of investing in real estate with 0 money is an "idea" instead of a real thing. 

You can do a duplex though, which might not be a bad idea.With your credit score, conventional might be a good choice, you only need 5% down for 2-4 units if you live in one. 

Purchase price: $160,000 Cash invested: $30,000 Took this home from bad to glam in 1.5 months for a healthy profit.

But I do not buy bottom barrel properties in bad locations (busy roads, crime, eye-sore views) instead I focus on making a property one that the average modern family will want. 

classic scam.to the OP  google Ingrid Robinson /  American greed   / Remington financial she took those guys down and its worth watching how they work.. the foreigners are on to it.. so anything with even slightly bad English is a huge red flag and 100% fraud.this guy looks more Russian than Kiwi to me.. 

Sorry my bad.

At times, the seller may back out, we may uncover bad things about the property during the due diligence period which will cause us to back out of the deal, or financing may fall through.What makes it even worse, we, as investors, may incur some soft costs (costs incurred prior to closing) which end up being sunk costs.However, as investors, we are relentless in our pursuit of cash-flow.

(They also assured me I would not take the algo hit.)I no longer default to pre-approval as for me, it's bad for business. 

If the HOA seems like they’re making things tougher on STRs, selling might not be a bad move either—just crunch the numbers first.

Hi Brandon, That does seem bad for you to live there.