The first procedure, outlined in Section 105-374 of the North Carolina General Statutes (referred to hereafter as G.S.), pertains to a mortgage-style process and necessitates the initiation of a standard civil action within the state court.

I don't know any private lenders and hard money makes me nervous since I'm a buy and hold guy and the payback isn't as cut and dry as it is on a fix and flip.

I would recommend reaching out to local property managers who specialize in Section 8 Rentals to get a better sense of what timelines are looking like for section 8.

You are right to be nervous about a PM that can't communicate. 

Y’all are making me nervous.

I am nervous to furnish it then have it sit empty. 

I have not tried these, only one of our local property management companies uses this method.I'd be nervous about missing out on both the feedback about the unit and a chance to check out and informally interview applicants.

BRRRRs are really tough right now with interest rates high, rents flat, contractors booked up, and tremendous competition for deals.i always get nervous with HELOCs as down payment because it can mean that you're not well capitalized. 

Now I am really getting nervous.

I usually do month long rentals (as a minimum) but committing to a full year with a tenant makes me nervous.