We saved a few hundred grand by doing this.

Meaning, on a $400K second or investment purchase you might have to pay a few grand of additional points to put 5-10% less than 20% down.

There are grand slams in real estate as their are in stock, if you bought google, Facebook or Tesla 10 years ago it would crush real estate… All these posts do is stir the pot and do not add significant value imho

Cutting out a potential long-term partner/relationship for a few grand is stupid and wrong.  

Many owner sales will already have flood insurance and elevation certs that are grand fathered into either a set rate or a changed zoning after "Charlie".  

It is the grand plan right? 

My plans have changed throughout my life and with 6 kids and 11 grand kids, living in current economy, preparedness is high on the list.

I plan on moving about a grand a month, to build my balance sheets cash availability and minimize my payout, while growing the business (since I can live without pulling cash out for a little while at least).

The beauty of my situation is I cashflow positively (very well - 1,420 gross rents on a property where total of purchase and rehab cost me less than 40 grand) so that if I do decide to sell, I can hold out for a good offer.

If 3-7% isn't enough try a standard fee of a grand or three, like a wholesaler.