Especially if you're doing enough volume to get good discounts on products.

Its great awareness for investors to know products coming. 

In my experience that makes this a low risk deal as there are very few ways to lose money on it.

Financing Your First Flip with Low CashHard Money Loans (HML): Covers most costs but requires 10-20% down, with 10-12% interest.

Several years ago when the low flow toilets came out, some just didn't work well at all.

When I did my first house hack in Columbus I showed very low income on taxes. 

Unless something has changed but I hope they can speed up the production of them.

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

Using a 203k, you'll usually have quite a bit of equity that in 1-2 years you should be able to refi out of the FHA loan product into a conventional removing the MI associated with FHA loan products. 

Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.