The fact I didn’t get any other documents for this is leading me to think it may be a scam.Has anyone worked with them before?

I think the inventory of single family homes is huge in Memphis.

Renter may break contract early with $5,000 penalty and 30 days noticeAdditional context: Hawaii is a hard market for locals and first time homeowners to enter.Aloha Daisge, Given the current market conditions in Kapolei/Honolulu, IMHO, I don't think that those terms are attractive and will not be much of an incentive for locals or even Military PCSing into Oahu. 

Sometimes thinking outside the box and leveraging different financing products can lead to amazing opportunities!

If you had a no rise, then I don't think you even have to get FEMA to review it. 

I think of it like a long term rental that has the address listed all over the internet.

If you don't mind, I'm also relatively new to the investing side of real estate, and I've been thinking about acquiring my first rental property.

**I know this is all going to vary based on everyone's unique goals, timeline, and life situation**But I am curious to know how you think about your real estate portfolio and how you approach your strategy.

If it really does work like they say it's a good deal if you have the stomach for remote-renovating, I don't know their markets well enough so I'm not educated enough to say.I'm going to do a little more research on providing loans, I don't think that it's for me at this point but I've never looked into it much.

We've had threads before where people think (or want to) they can use real estate deductions to offset their main/1040 tax liability.