After the 90 days are up, the flipper can now sell to an FHA/USDA buyer, but if the flipper sells it for DOUBLE of what they paid, then the flipper will have to pay for a 2nd appraisal to go along with the first appraisal that the buyer typically pays for.  

You can sit down with them and show them your business plan: The contracts that you will be using, The mail pieces that you will be sending, using double closing or assigning your right to the contract, ect..

Hi,i have a question about a property in south Chicago, by W 52nd St and S Sangamon stits a 4 unit building, 1 bedroom per unit. it needs a lot of work. 

We were paying $1950 for a four bedroom, to give you some perspective on how much you would be able to command in rent. 

"Pocket listing" it if you wish to double end it. 

Hey guys my names Abhi and I'm really interested in investing in single or double family homes for rentals. 

What I like most is it's not all 1-bedrooms, and a great househack opportunity.

Long story short, in the inspection period, I noticed that the the bed was against the wall during the pictures in the master bedroom for the internet.

Then in 3-5 years you move to your "permanent" house you will have two rental units that most likely pay for both your old home and existing.Because your cost to buy is so low < $5000 you can buy the property, shop for renovation money, maintain an apartment (small studio or 1 bedroom) while the place gets livable.If your partner does basic construction he will know people who can do the heavier stuff, he doesn't do personally.

So far, it has not mattered.The annual fee more than doubled 2-3 years ago.I thought that after the Oakland warehouse fire they would do another round of inspections...