Have heard nothing from lender, we didn't ask or even imply that we wanted agent to do this.

Driving a nice car doesn't imply ability to handle finances. 

all of the leads for the sellers AND the buyers came from direct mail.Now I am not in any way implying that direct mail is the only way and nothing else works.

As far as your direct investing, are you implying you are wanting to dive into flipping?

That is not what I said, or implied, and you are putting words in my mouth.

This implies that min/max state setback, size, parking regulations are the regulation to apply in the case of local regulations (city, county, HOA) are more restrictive. 

Additionally, you imply that Josef is making a poor decision yet he hasn't furnished any information to us, so can you please explain as to what information you are basing your assumptions?

The 70% LTV rule to stick to the BRRRR would imply that I am not able to pull out initial equity in home...Total cash invested: $11,600 + $15,000 = $26,600. 

Well, perhaps my favorite quotes comes from the famous marathon runner and trainer,  Juma Ikangaa, "The will to win means nothing without the will to prepare."

This tactic is not practical for the cashless beginner looking to get their start in the game as it does of course require you to own multiple properties with large amounts of equity in them which would imply that you have or did have your own capital at one point and time.