., so far below fair market price at retail that the repairs can be covered as well as your profit and the flipper's profit in its eventual retail sale -- or 'buy-and-hold-to-rent-out'er's profit before they would expect to get it rented -- plus the title search, closing, and any tax costs related to your purchase from the seller (usually split somehow) - and finally, the title search, closing, and any tax cost split with whoever buys it from you.Now, that someone could be you (you do trust you and your repair-estimate abilities, don't you?)

@Lamont B. any credible HML should be able to provide you with a loan pre-qualification letter to submit with your offer, which is what any other conventional lender would provide to an owner occupant/retail buyer.

People repair their homes all the time before a sale at the request of the buyer. 

Would I be able to generate a legal/legit Sales contract and/or settlement sheet for the “sale” to the property?

- Is the Hurricane decreasing the real estate sales price temporarily?

I see a beautiful boutique Hotel where I live that is for sale but is sitting empty while on the market. 

Would it cash flow at 400-475/unit based on current sales price?

.- future assumptions: 2% annual income growth, 5% PV growth, 2% expenses growth, 6% sale expensesBigger pockets tool sheet with above data:Cash flow: $916/monthCash on Cash ROI: 6.65%-7.57% depending on rehab costsPurchase cap rate: 7.15%I know this does not meet the 2% or 50% rule but it seems like a good investment for the area.  

You need to know your market and the difference between the sale price of a 3 bed 1 bath an 4 bed 2 bath in a particular neighborhood.

I decided against it due to the insurance, and the fear of a vacancy in the retail section.