If they can't close on their house, they will have to figure out a temporary solution.

I recently put my Pensacola house up for rent on Zillow, and I received an email from a company that specializes in temporarily relocating families displaced by damages to their home.

I drove to Birmingham today and I saw a lot of vacant and abandoned houses in the east lake area.

For bigger transactional income we have our building projects which I have to PG however even though the risk is always there we have been blessed these last 4 years on these that equates to about 120 homes built and mostly all sold.. then the balance in Notes a few long term.. and JV partner on land deals and flip houses those have zero debt.

They keep their loans in house and do not sell them.

Third, I fell i love with the house when i first saw it and thought the end buyer was gonna fall in love just I had done. 4th and final lesson, be in tune with the area that you're buying!

Bag everything and double bag it before removing it from the bathroom-you don't want anything being tracked through the house.

As a backup to your idea, look into house hacking. 

Then after three years you sold the house for 1.6 to 1.7k.

@Esmeralda YniguezI sold my last house to a buyer with a VA loan.