These are not insured by the big agencies like FHA, Fannie, Freddie, VA or USDA; instead they are insured by depositor funds (like you putting money in your checking account) and therefor are not subject to the 3 year continuance requirement.

Find a investor you can sell it Subject too.

Hot market why would a realtor do anything but sell through normal channelsin a market  with an over abundance of inventory and slow sales times then like the OP said they will take anyone who may be able to sell a listing for them.

Since the margins are typically so tight on commodity lumber, the supplier either has to take the hit and match the market, or ride it out.4) If you're including trusses in this, those can vary dramatically - huge swings in price... in part because the design is subject to the individual designer as well as some supplier have in-house truss capability while others act as a middleman.  

Is this wrong, or illegal in anyway? Can it even be done?

On the same subject, people in this mindset believe maintenance and capex should be calculated as flat costs based off of square footage or experience in a market rather than a percentage of rents.

Either way, if the subject property is in the US, then there is no PPI.  

If you have cash and rehab partners, it may be possible to find someone w enough equity where you pay the amount needed to bring current and take over payments (subject to).

Just starting out and I've been making my way through the Podcasts.Two subjects that have come up often (at least in the first 70 episodes) are investing while working a full time job and working for a person/company that's doing what you want to do, to learn the ropes.These subjects have been discussed separately and my question to the forum is, what would you suggest to a person (like myself) that works a full time job and is interested in learning the ropes from a person/company?

Doing your homework and being conservative is the best way to impress a lender from your application.Footnotes: material costs, Subject to price increases.