I have seen heavy marketing by these hard money lenders go in the way of providing funds for purchase and rehab of properties with a semi-automatic roll over to a long term 20 year amortized loan which are being underwritten by "conventional means". 

@Ally Kumar I wouldn't automatically assume you need to replace the plumbing and electrical.

Cheaper does NOT automatically equal a better deal.

Also, I could have extended my mortgage to 30 years instead of 20 and automatically increased monthly cashflow there.  

I have 100k in equity , when I apply for a heloc do they give you 80% of a equity loan automatically or give you a % of the equity loan that you qualify for based on your income ?

PMI is generally better for borrowers because it drops off automatically, without the need to refinance.

But, any judgment filed in the county records Automatically attaches to All properties owned by that person.

Modern interface, great drip campaigns, can text direct from the CRM and automatically as part of a campaign, tracking when your emails are read, followup notifications, the works.

I'm not an attorney but my off the top of my head guess at your liability is 1/2 months rent and most of the electricity bill, plus court filing fees, and if your lease allows for legal fees to you in a case the judge will automatically rule that you pay their attorney with no cap on fees, that could be more than the furnace cost, so if you can satisfy them with paying their full electric bill and possibly a further small discount do it.  

@Jackson Long, I get a lot of payments by automatic deposits.