Jerry, there are several insurance programs for flips.  

That program is encouraging her to make as little as she can lol.

I think what you are referencing t=is the guru programs that are out there and mentor programs?

Here's how the process works as I understand it:1) You list your property2) Tenant expresses interest     a) you do your background check - if approved:3) Tenant gives you their S-8 RTA form     a) You fill out your portion and return it to S-84) They determine if your rent is within their market guidelines     a) If it is not, then they say "hey,  your rent is too high for our program, we'll only allow $635/mo, not $650" (as an example)     b) It's up to you at that time to determine if you will accept the lower amount or not.

You also want to determine if the buyer wants to do the work themselves and if so, will the particular loan program allow it or does the loan program require a general contractor, licensed, bonded and insured to perform the work?

Have a knowledgable, real-estate attorney draw up the paperwork, get a down payment and be prepared to foreclose if the need arises.

Also, try looking for a ZERO DOWN program that will help the buyers purchase with little to no money out of their pockets.

I tried to read as much as I could, talk to as many people as I could, and prepare as much as I thought I needed but you just don't know until you get into these things what it takes. 

I wanted to see if there were any landlords that have in the past or are currently participating in the Rental Partnership Program with military bases near their rentals?

David,Insurance policies for flips are structured different than those created for buy and holds.Flipping policies will give you coverage during the renovation time period as well as any long term vacancy, usually more than 60 days.A buy and hold policy expects the property to be rented and can deny claims related to major renovations or during a long term vacancy.There are specialized insurance programs built for flipping that most flipper will use.