.- DaveSeems cool,I have always wanted to own a holiday house in the Bahamas :)Actually traveling there to look at few early next year. 

Why buy now, when we're virtually guaranteed a lower rate in a short time period? 

He informed me that the auction would happen in 10 days, so he needs to sell right away.ARV: 2.5M - 2.6M Repair estimate: 180kschool zone: 9/10 rating a very popular school zone for the area.he owes 700k in areers!

Living in Los Angeles, looking to start house hacking and putting the high rent toward building equity.

Joshua,My wife and I have 3 STR's.  1 in Missouri and 2 in Florida(1 is a condo and one is a house).  

You'll get the most favorable financing terms and offset your housing expense while paying principle.

He's the man on flipping houses

More specifically any info you can share around tools you use to receive applications, background & credit checks, analyze the applications and rank and rate the applicants.  

nothing pointed at you personally but there has been build to rent projects were investors had to put up 50k non refundable and never got their house built.. so I can see putting it in escrow and releasing it upon closing for sure.. thats what i personally do with my new builds although since we average 25 to 75k of upgrades per house buyers have to stroke non refundable checks directly to us for those items.

Basically I have virtually 100% rate of collecting every dollar tenants have owed.Good luck