I guess if the rebate amount is substantial and requires an active electric account to claim the rebate, it may be worthwhile to wait till your turn the unit around to install new systems and appliances when the account is temporarily in your name.

I'm no expert but that's my opinion for what it's worth.  While

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Might be worth while the first couple of times out.

Regarding fix and flips, I can say right now that I do not have the capital to be able to pay out of pocket for the rehab necessary to make the investment worthwhile.

But I believe, with the right approach, the right strategy and appropriate implementation and follow through one can make it worthwhile. 

Even though there would be lots of headaches it just seems like a lot of cash to make it worthwhile...Thoughts?

The project may or may not be worthwhile.  

I'm not sure how many people ran into this issue but smaller lenders would explain to me that it wasn't worthwhile for their company to lend on such small loans.

I cannot attest to which ones a worth while and which ones are not as I typically don't have time to make it down to the cities.