But I’m trying to get a higher ARV house to fix and flip so that I can buy those lower end houses with my own capital and then rent them out.

I lowered my credit requirements after the first couple of years and began to feel like credit may be why they rent houses for more than mortgage payments would be.

Each state has it' own insurance commissioner.You probably heard this hullabaloo about selling insurance across state lines to lower costs of Obamacare.

Cash on cash ends up being lower when getting one of these mortgages.And you can’t beat these rates when you have a Solo401K where you can only use non-recourse loans.Mark

Is there anything else I should do to lower my initial risk?

As people with higher income move out of an area, those left behind will, on average, have lower incomes.

I watch a lot of flip shows and it seems that they are quoted a lot lower. 

So you could only receive $50k in your first 6 months ofownership since the LOWER amount is your purchase price.

There are definitely some decent spots and good people there, but the quality of tenants is lower and you should not bank on appreciation.

Thanks Jerryll Noorden So essentially you’re getting money back from the contractor for work he didn’t perform, so your rehab costs will be lower than the $120k and actually closer to $95k once you get that money back?