As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money. 

Also, any best practices for room rentals that you recommend for screening and keeping tenants.

For costs, you’ll typically need to budget for title insurance (usually around 0.5%-1% of the purchase price), attorney fees (varies but can range from $500-$2,000 depending on the complexity), and closing costs (might include recording fees, escrow fees, and other admin costs—generally $500-$2,000).

There are the same so-called owners under four different names including governmentauction.com and it has nothing to do with the government.

I ended taking over the listing and screening tenants on my own through Zillow.

@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.

Move on and try to screen better next time.

We include a couple days of essentials like toilet paper, etc to get them by. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

@Eva Sha - Yes, I generally advise emerging developers there will be anywhere from 5%-8% in closing costs (depending on the size of the loan), which include lender costs/fees, attorney's fees, and title fees, plus any other consulting fees.