The biggest thing I have found is that they are very task oriented and will follow instructions well but you have to coach them up to be able to make their own decisions.

Respond fast, act decisively, and always keep in mind that another investor might be right behind you, ready to take the deal if you don’t.

You wanted feedback so you could decide on your course of action before the summer.Any updates as to your decision?

In your experience, how do you weigh each factor—like FICO, LTV, or prior bankruptcies—when making a decision?

Be ready to make fast, decisive, and informed decisions.This post originally appeared on the BiggerPockets blog.

Additionally, you may find that the pressure of the hard money loan will cause you to go faster and make poor decisions, or life could happen, and you could be delayed in completing the rehab.  

Yes, because it will be a wise decision in the long term and when you move out and rent the other unit it will cash flow in the (+) positive.

Every once and a while a contractor will quote a job I was planning to DIY (like bathroom vanity) for less than I thought I could do it for because they have left over parts from another job, this makes it an easy decision.

It’s definitely a tough decision and it seems like the market is hard to find any deals right now.

It's up to the individual accredited investor to perform research and make an informed decision.