If you pay cash you'll pay yourself back percentage back, if you use the a hard money loan the refi would pay that off and the difference would go to you

I also purchased a multi-parcel farm property in TN where the trust who owned the property was out of money and needed cash to continue. 

They have several other LLC's such as Home Partners that purchased properties at low prices and then quit claimed them to Guardian and then Guardian sold them to people who needed to 1031 exchange money into another property.

If you are going to add value to the house you might be able to get an equity line against the property to use to fix up the property or negotiate some repair money from the seller that you get at closing.

The unique architecture and potential of the property, as well as the money making potential that it had.

Second, you’ll collect more money while doing less work Third you’ll stay legal with notices and operations.

Simply making more calls doesn't guarantee money. 

For item #2, my lease states that anything they owe me is payable "as rent".

.- Learn how to do your own repairs & rehabs to save money now.

I owe 400K on my current home and would be looking at 450K for a new primary.