I always plan to have 6 months of holding costs available, for after I finish the flip, just in case I missed the market.If a lot of houses are sitting on the market for a long time, (can't sell) I'd definitely avoid it. 

To protect our rights, we would definitely deliver a formal 5 day notice (Wisconsin Legal Blank), but at the same time indicate that we are looking to collaborate to find a solution.

However, I also think that a lot of people who set out to pursue this strategy miss the fact that it is literally a lifetime commitment to deferring taxes, which by definition means not realizing the gains.

@Jesse Streng  It’s definitely important to have a dependable person here in the city.

Assuming they save $10k in interest over three years and get $10k in cash flow and $10k in appreciation, it’s kind of similar to the cash offer, but definitely more aggressive.

yes they are definitively con artists!

There are definitely faster ways to grow your portfolio fully utilizing debt.

You can definitely run it out of state without paying a PM.

Thanks Bruce, Definitely learned a few things from this post and really appreciate your honesty. 

A bit pricey, but at land value there's definitely some room.