In addition, as soon as they ask a question or give a response your script doesn't cover, you might be in a tight spot.I would recommend making a few points you want to ask (or say), and then just  have a conversation. 

Thanks for the help.I think your numbers are too tight for a cash out refinance to make sense. 

My sister and brother in law have a four plex down at bragaw and 6th area which is definitely a rougher part of town but they personally haven't had an issues there.When you get the inspection done make sure that the hot water tanks are strapped tight to the wall.

I’d be more concerned if the escrow numbers are on target, that would make these 2 houses very tight. 

Since my margins are predictably tight in the beginning, it'll also save me 3% on the sale of my flip.That being said, it's expensive (about 3k-4k upfront and a recurring fee of about 1k/year), it's not easy.

@Aseebulla Niazi It's all relative...I'm personally not a fan of BRRRR for beginning investors...there are just too many pitfalls to be aware of...there is a right way to do it, but your strategy has to be tight upon acquisition.

If it is tight, I would avoid the laundry.  

After combing through hundreds of emails and deals, all of which were much too tight to work, I found one that had numbers that seemed to work!

So the series owns all the properties, the other LLC conducts all the business, and in that operations LLC, all the transactions are tightly segregated to a given property.Disclosure: I am a client of @Scott Smith , he didn't tell me to set my stuff up this way (some of it was done before I engaged him), but he did give me the thumbs up for it to work this way from an asset protection standpoint.

Of course, often that's where you can find the best deals, and in our tight market, first-time buyers are less picky.