Some investors may not want to buy the property in an LLC so you should check your buyers on their requirements.If your flipping to a Retail C-buyer, then your going to purchase the property with your LLC on the A to B, then resell th property on the B to C, not the LLC.In my opinion, short sales are one of the most difficult deals to orchestrate, but the broad strokes in your outline sound okay to me.

Your ability to resell was assured.Now we need some skin in the game for the HMLs, no hard money lender once a problem.

I flat out tell them on the phone I don't collect houses, that I'm buying it to resell it and that I need to be able to justify my time and investment.

I got the part about buying the property using conventional loan and turning around to resell it at a higher price and higher interest rate than my loan.

Recently I purchased two single family homes which I plan to re-sell within 1.5 months for a profit.

I also want to do other fix and flips to resell and/or hold as income properties.

Regarding the 70% rule, you have buying costs, holding costs and reselling costs.

The amount of red tape and hoops Sec. 8 often makes you jump through to house these tenants seems really counter-productive to solving the affordable housing crisis that they seem to be pretty in tune with.With interest rates still as low as they are and the amount of people that are still moving into the bigger metro areas on a daily basis coupled with the sheer amount of investors in these regions descending in immediately on anything even resembling 'affordable', renovating, and reselling for top dollar - it's hard to imagine the availability of affordably priced rentals increasing any time real soon.Again, RHA could help itself (and the people they are supposed to be charged with helping) by reassessing and increasing rental rates, as well as reducing or streamlining the arcane bureaucratic processes that discourage landlords from wanting to rent to S8's.Once the market finally cools and the banks are flooded with what I'd bet will likely be massive amounts of short sales, and properties can be bought again on the downswing then I think we'll start to see a noticeable increase in the availability of affordable rentals.

@Nick E.I am unsure of how the market is in Sioux Falls, but I just bought a new construction home and all the existing resells never get full value due to competing against the brand new homes.

My intend was to BRRR with an option to resell if I need to.