It can also work if you're planning to do an option, assignment, or double closing, because you're not taking on the risk of holding the property for an extended period, but if things continue slowing down (thank you, high interest rates), you'll want to be very careful about how much you're offering, especially if you stick to the straight flipping model, where you take title to the property and don't make any improvements to force appreciation.

One strategy we employ is to give preference to those who are from out of the area and here for a set period of time (and then presumably leaving back to where they are from).

They know our payback period is 8 to 12 years.  

First, you'll lose a ton of money over that period.

Learn how to consistently hit singles and doubles over a long period of time.

Very rarely do single family homes cash flow, at least not on a consistent basis over an extended period of time regardless of what your spreadsheet may suggest.

My email is my first name and last name with a period in between @oxfordhouse.org

@Alonzo MorelandGet the prelim in escrow during your due diligence period.

Usually, there is a draw period at the beginning where you pay interest only, and then the line converts to an amortizing loan for the remainder of the term. 

Start making offers and make sure to do your due diligence while in contract during the inspection period.