Plus you will need to carry your own team or be in good with sub contractors which means you need volume.  

So I figured that if I could avoid negative cash flow, the other two sources would carry us until rates declined and we could refinance to lower interest expenses.

I think working with an insurance broker is a great way to go to derive the most competitive quote at no cost to you.I also think that you can increase your deductible up to say 5k as well as request your tenants carry renters insurance.

Hi Seth, your GC background is gold for BRRRR in Columbus!

A referral like that carries more credibility than a pre-approval letter. 

What if they all decide to leave, can you carry the mortgage, etc. while renovations happen? 

To me, I don't see why anyone wouldn't do cost segregation even if it ends up being held as a carry forward loss. 

@Chris Seveney I was a Transactional Lender, single closings, buyers lender accepted seller carry back.

Instead, they could offset passive income or be carried forward.

I think they’re gold mines and I’ve heard of some others that are  catching on.