I agree there is a perception to a full time agent- but if you are a full time real estate professional - I think that issue is not really one- they are asking you these questions for a reason.Craig Groeschel says often “no one is sitting around looking for ways to make you money” or some variation of that- and it’s true.

My comment was well this could really spit out wild variations in value.

At that point my current HELOC will be free to be used on the next property and I will rinse and repeat, so "yes" this is a financing variation of BRRR.

I shouldn't have to stand over your shoulder to make sure you do your job right and besides, how many different variations of scraping a popcorn ceiling and replacing with a smooth texture need to be monitored?  

;)You are right about the variation from block to block and it is most assuredly something that requires local knowledge.

What I know is in most jurisdictions you will find variations in how they deal with their cases.

Even though I firmly believe this is all vastly overblown especially compared against past flu variations in the last two decades, it is hard to ignore the human element and the fact that some people are legitimately scared right now.

There is a fair amount of variation between how individual lenders approach financing a deal.  

I realize there would be many variations and ways to go, but just off the top of your head, how many properties would you put money down on if you were in my financial shoes?

Hence the model analogy: a contract serves as a model of the understanding of the parties.4) State Variation.