(Make sure you do not go cheap and undersize your ac unit, you'll regret it later in maintenance calls or complaints of it not cooling the house off enough when it's triple digits and 75% humidity) If you need any wiring done, check out Bybee Electric - they'll get it done quickly and efficiently.  

@Brian SpatzSome of my clients have credit scores in the low 600s and still get double digit million dollar loans.

They can deposit their rent, in-branch or via the ABM and the last X digits (6 I believe) appear in the transaction description in the account ledger.

I think there are some great opportunities to automate most of the maintenance requests through digital tools (submission forms) that would minimize relentless phone calls.

I think there are some great opportunities to automate most of the maintenance requests through digital tools (submission forms) that would minimize relentless phone calls.

Most private lenders will want returns way in excess of that (think double digit interest rates), unless it's family or something along those lines.In order to make the deal work for them, you will want to structure it with an exit strategy that allows some way to convert the loan into a regular mortgage, allowing you to pay off the high interest private loan.Basically, you'll want to put together a deal just like you are doing a flip.

In regards to the regarding of the soil, I have seen the costs that the HOA incur in the 5 digit range (for large properties) because of the liabilities of it being done incorrectly where it ends up damaging a neighboring property. 

Check out the free Ebook - Ultimate Beginners Guide to Real Estate Investinghttp://www.biggerpockets.com/real-estate-investingCheck out the Podcasts, blogs & forums.  

Plus tying up 350k cash to make maybe 30k over the total course of 2 years just doesn't make sense from an investor stand point when you could get cash on cash returns in double digits for 1/10th of the initial investment. 

I just default back to what I do were I can open escrow without a contract and with a phone call.. but that's because of the volume of bizz I do with title company .. and our title plants are digital.. so running a title search is not as big an issue like it is in many east coast states I work in.. were they have to actually hire a title abstractor to physically pull title.. ( old school :))