This would also be where an appraisal would be ordered in a traditional sale, but if using a hard money Lender, they have probably already evaluated the value before offering you terms.5.

All mortgages contain a “due on sale clause” which states that the lender may, at its option accelerate (call note due) if a transfer of the property securing the note takes place.  

Finding tenants to pay your bills is the hard part.

Demand is very high, both for rentals as well as for sale and this is probably not going to change.

That will increase your material costs for the job and is the contractor paying for the material in their bid or are you paying for it and paying them a labor cost.

https://app.tango.us/app/workflow/BiggerPockets-free-Short-T...The only way to truly stay up to date on your local rules is to pay attention to your local county/city council meetings and how you can participate.

My portfolio is not that large and it irked me to pay a bookkeeper so much and still have to do a lot of the work.

You will be paying 6-10% for just having them collect rent. 

Do you really want to pay these people to be the communicative link between you and your rental clientele?  

, status of major building components (roof, HVAC, structural, electrical, plumbing), accounts receivable aging (are all tenants paying or is the $20,500 schedule rent?)