On the other hand, a detailed quote with a higher total may offer more transparency and reduce the risk of surprises as the project progresses.I specialize in consulting services for situations like this, where I help clients evaluate contractor quotes, ensure transparency, and navigate the renovation process with confidence.

This risk here far outweighs any small gains in ranking. 

One great thing about fix and flip loans is that there is no early payoff penalty, so the original lender's commission is not at risk!

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.

How do you balance the risks of holding during a market dip versus the rewards of appreciation?

In this era of increased rates, obtaining properties that will produce a good return are harder to find and often involve quite a bit of work.  

Most people cant afford that alone which means a syndicate or getting PMLs involved and doing the synd yourself. there's nothing wrong with starting with some smaller properties.

On the other hand, if these are in terrible areas, you introduce a different kind of risk.