As someone who's relatively new to the Fix-N-Flip business, I'm fortunate to have a mentor guiding me, he's successfully completed 37 flips to date.

If you can network and find local players (FB groups, meetups) that could help speed it up

I have investors that I set up loans with private money that only use this method because of the speed.

To date, I have a small portfolio in the Rock County area.

@Tyler Jahnke Great post and analysis, been talking with Morris Invest myself and having some of the same questions when it comes to response speed etc.

If you work with the same lender that may speed up the process but expect a typical 30+ day closing.

Quote from @Jonathan Greene: It means there is a pending bankruptcy that has to be dealt with before the sale so they continued it and there will be a new date.

He collected first/last/security payments prior to move in date and was never heard from again.

For instance, how did the due diligence "come back as clean" and the "leases were solid" if the rent was not paid up to date and paid REGULARLY?  

Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!