The answers are as interesting as they are unexpected, and I didn't suspect that the work "Fraud" would even have crept into this conversation, so I appreciate your a warnings.We are saying here that investors of honesty and integrity should never work on another deal B at the same time without let lender A know all details about it.

For an immediate unexpected crisis in someone who isnt normally late that is when I waive.

Rent to own is appealing to me because there are less landlord responsibilities and i would guess an unexpected vacancy is less likely.

In an era where traditional outlets are routinely derided as "Fake News" one would hope they would be a bit more cautious with headlines like these.That isn't to say buying cannot be more expensive than renting if you cherry-pick the properties and data, but when you compare apples-to-apples (ie: buying vs renting for a typical rental property) renting is almost always going to be more expensive.If that wasn't true, landlords everywhere would be losing money every day.  

Unexpected expenses will arise.

I have been out looking on my own, but for a first flip I want to keep margin of error high for any unexpected issues...I have been researching delinquent tax lists, city nuisance fines (figured if they don't care to keep property up may be in a spot to sell?)

Once that money is in as a down payment it's not like there's an easy way to extract it if there's an unexpected cap-ex expense and you haven't built adequate reserves.  

Some examples of reasons they have called: they broke the handle off of the hot water nozzle in the tub (three times), they saw an ant, they saw a centipede, they broke the toilet paper holder, they asked us to install a new handle on the stove, they couldn't get a window open, they discovered old paint on several of the outlets in the house and asked that I replace them all.

I am considering floating vinyl plank flooring that looks like wood, tile countertops & backsplash, new stainless steel appliances, fresh paint, new fixtures & outlet covers & a standard laminate countertop for the bathroom vanity.

If they want to pay cash they can pay using the retail payment outlets. 1.