It seems like it'd be an effective strategy if I built a brand in my small town and surrounding areas where people knew they could send me a lead of someone they knew, to make some quick cash if I closed on that deal.Assuming this IS completely legal to do, it leads me to a couple different questions:1.

Hi Adam,Just a couple comments and I'll leave the rest to others.In a downturn like 2008, I think it was more common for secured lines of credit to be frozen, not called. 

Not sure what their rent is, but if you can afford a couple hundred off their rent for one month, or split it between a couple months to make it less of a burden on you, I'm sure it would be appreciated by them.

Yes, when my inlaws got a Heloc a couple years ago, they experienced the drive by appraisal that wasn’t too beneficial for their home value.

Kendrick, I'll send you a PM with a couple of names

But a couple things I wanted to add to you directly.

He had done a few investments in the past, but sounded like he had been burned a couple of times.

I think all the rehab that was done took a couple of months, but of course this varies depending on what needs to be done!

Ans should you have a couple of bad months or an unanticipated expense you will be unhappy.

Do your numbers at a couple different price points and see how they turn out.