I would like to be in control of my money, so I have always gone with the highest deductible posable and maximized cashflow.  

You can do whatever you want in terms of bending for the tenants and trying to provide "great service,' but the truth is you receive no credit for it and will be the evil landlord at the first repair that takes too long, late fee owed, alternation denied, etc.  

Some of The pros  there is that I see my money first, and then I pay out my 1099 employee. 

One thing that happened back then its the rise of all this private money..

If it’s going to be more than the one day loan we actually structure it the same as a regular hard money loan.if it’s a true double close, process is super simple.

And I will always be against delaying the receipt of money, no exceptions, including for tax reasons.

The benefits to the seller including dumping a money pit that no one can get financing on, dumping a property that has a nasty lien or judgment against it, selling for more than the property is worth, dumping a property that is contested in probate, things like that.

If you can save money and renovate and the ARV allows you to pull your intial capital out sooner, I say go for it!

No draws buy it sell it make the money..

If you have evidence of the damage, it is unlikely the tenant will spend the time and money to take you to court.