Looking at your deal and running my numbers (I also use hard money that lends at 70% ARV, 13.99% interest and 4 points), you would need to get the purchase price down to at least 230k, preferably even lower in order to get the HML to fund the full repair (assuming you can even find one that will do 100% purchase and rehab there).I have spoken to a lot of people doing deals in Atlanta and I know there are some pretty cheap properties there that make great deals.

My husband and I have been custom homebuilders in the Wenatchee valley and surrounding areas for the past 15 years.  

I have had customers with 2-3 claims on a property and now they are struggling to find a carrier that will accept them and their only options are typically to go to a non-admitted surplus lines carrier which has very high premiums.Speaking as an agent i say its better to have the coverage and not need than to need it and not have it (or not enough of it).

Or is it a personal preference thing?

If the agent, brokerage, or decider is a frequent customer of the title company then there can be unequal treatment of the party that makes the choice.   

I like a 1 year lease, but that's just preference.

I'm sure this will be nonrefundable, but it needs to go towards the future purchase of the property, preferably as part of the down payment.

Do you prefer investing in Tertiary markets, for less price per unit, in class B and C areas or Do you prefer paying more for properties in Primary markets?

I recently finished construction on a large custom home in a gated community in a rural setting.

I have started with the Chase freedom card --> Chase Sapphire Preferred --> Chase Business Cash (Registered my house hack as a business).Currently I have over $1,000 worth of travel points in Chase Rewards.I would love to hear all of your success stories on credit card churning.Please share!