The pic w the back of the front door showing 5 or 6 locks doesn't convey a good look of safe neighborhood or any attempt to make a door attractive.2.

I'm simply planning to buy the homes in working class, relatively safe areas, fix them up well and furnish them and rent the rooms individually to make minimum 1.5-1.7 times higher than normal rents by including their utilities.

There is even a safe harbor from the IRS in Rev Proc 2008-16. 

Since a WL policy is generally very safe, the LOC LTV will be high.

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What are the things we should be looking at to facilitate efficient and safe collection of the revenue and depositing it into the bank?  

Very safe!

.), you should safely remove or clean the affected areas before they worsen.

There are several safe harbors that you can take as a small business operator.

Aim for a $75,000 ARV to play it "safe".As far as private money you would probably have to find someone local that knows the area and wouldn't have a problem taking ownership of a property like this if things go sideways.My guess is you'll have a tough time finding an individual that wants to loan on it.