Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping. 

Renter's Insurance is a cheap date for the tenant; it protects their security deposit and assets. 

I want to discuss it privately, which is why I requested a PM.

This is a significant potential benefit that can impact everything from security deposits to rent controls to eviction procedures. 

They are on a big push to get back in the game though, have you seen their recent ads stressing that they only list private homes?

Security investigated to find the renters still at our house.

How difficult or easy has it been to get tenants secured in that area?

Was it indeed just locked, or did the latch mechanism fail, which often happens with bedroom sets that have plastic components in that mechanism; or did the screws that secure the latch into the door come loose, allowing the latch and/or the screws to prevent the door from opening...also not an uncommon event.

Many of the investors I know have dialed back on their private equity investment or have changed to doing debt instead of equity so it was not prime time.

.- There is risk in that the rehab has not been completed and the financing has not been secured so there may be unforeseen issues with the home or lending process that may cost more than the estimated costs which can then reduce profits.- The tenant buyer may decide to not exercise the option or may decide to terminate the lease early which may produce a profit less than the projected returns.- The money partner is not the only owner of the company which owns the property and thus has limited decision making over the property.