The answer is yes as far as the seller and closing company are concerned because you have the ability to write a check for that amount. 

I would try to market and if you're unsuccessful, tweak your method. 

In my words, a “hack” is a creative method or strategy to get around some pain point or problem.

What method do you use to evaluate  ROI on vacation rentals? 

I'm still learning about the BRRRR method but it sounds like the refinance is always happening some time after the initial purchase of the property.

My only concern is that the floor throughout the 1st home is very soft and uneven.

While I wholeheartedly agree with the unrealistic expectations part, investors are still in the business of flipping for profit, so for discussion, what are some methods of success when attempting to reach out to banks or vacant property owners that have worked for you?

This was exactly my concern, thanks for conveying that better than I did.

Smaller businesses like mine are treated very differently from those in the article you linked to.you don't have to be a 7 figure earner to use the method. if you're to take advice from anyone wouldn't it be best to come from those who have tried and mastered it? 

@Micaiah Cormier , Fortunately, if cap gain was your concern, flipping income is an ordinary income taxed or ordinary income tax rate both at state and federal level.