I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.

We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front. 

@Jeremy Beland is a good person to connect with on this.Ratings won't help you in this field and you shouldn't be looking for big coaching programs as those are just overview coaching and not focused.

If they've genuinely abandoned, you'll notice their clothing, personal hygiene, and things of value are all gone.

You now don't seem like the type of person most of us would accept a recommendation from.

With the money from my savings and stocks I have about 100k . 

I understand the safest option is to have a lawyer review the lease, but I figured I'd try to answer my beginner questions here and not waste the lawyers time (and my money) on the "for dummies" explanation.Thank you!

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

Saving money isnt your problem , spending it is . 

What is wrong with our government by letting them get away with this.I just learned about this today - I wanted to pull my money out because of a personal hardship.