Essentially, you want to have contact with boots on the ground.

I was very interested and they responded to me a couple of times but when I said that I would want an inspector to look at it they essentially stopped responding.

The Mortgagee must obtain a lease agreement of at least one year’s duration after the Mortgage is closed and evidence of the payment of the security deposit or first month’s rent.This is essentially stating that if you need that rental income you must be moving more than 100 miles away and have an executed lease. 

You’re essentially just renting out the property with an option fee to purchase after the first year or two.

Leverage is pretty essential for scaling with any speed, unless you've got a boatload of cash.  

This system is essential when making large, irregular lifts.My house is on a block foundation don’t I need pilings?

Essentially my plan is to house hack so I can get started in REI.

So the down payment would essentially just be 40% in total.1) Would the bank allow me to request a 60% LTV mortgage or anything lower than 60%?

I would essentially be purchasing 17 vacant flips for a really cheap price.

Essentially that would put you in the exact same position as selling the property except you’ll be able to collect continued cash flow there after the three years.Then you do the math and realize that  The deal I offered you is a 26% three year loan.Hold it.