I strongly suggest you talk to the Broker, not just an agent that works for the broker.All that said, who on BP wants to hop on and defend the practice of putting a house under contract w/o any intention of closing?

I'd be happy to connect and talk X's and O's. 

@John O.

Employment drivers of areaCrime of areaMedian household incomeCurrent rent to income ratios, and if value-add deal stabilized rent to income ratiosAnticipated hold periodLength of LoanI/O or AmortizingCapex items and "what happens if you have to hold longer than anticipated?  

John O

Unbelievable • His insurance won’t cover because as it turns out commercial liability does not cover craftmanship defects they need E&O insurance for that, hard lesson learned, 95% of small contractors will not have E&O, it's an extra cost for them and only the larger construction companies carry it.

This includes the C/O refinance once you complete the rehab.

I believe @ Aleksandr Simonelli can go to 75% on n/o/o.I hope I am tagging him properly w/ this link...Aleksandr Simonelli | BiggerPockets

Hey @Jason O., room to room rentals for students can be a great strategy.

The reason most brokerages arnt into this is because if 25% of your transactions are you as a principal or representing family members, then most e&o policies will not cover you.