We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Best I've seen for a hard money loan is 10% down of the purchase price with 100% of the rehab covered depending on the borrower profile. 

This covers the purchase price of the property, any required down payment, the cost of the renovations, and any other costs like holding and closing fees.

I use a combination of Hospitable, Zapier, and Docusign to cover 95% of the tasks.Hope this helps. 

The vast majority of the cost was in the installation.It's a good thought though - I'm pretty sure our current lender doesn't cover mobile homes unfortunately. 

In this scenario you might need multiple policies in place to cover the rehab, tenant occupancy and your homeowners insurance.

Most likely if you rent it, it will not cash flow to cover the mortgage so you could still be losing money every month.IT would be good to compare what options is better for you. 

This can go towards covering unexpected maintenance costs or damage to the property.

If you do illegal side work like that and there is an issue you could be held liable as there will be no errors & omissions insurance to cover you and also the state could come in and issue fines and/or suspend your license.

Also you can save a lot of money if pm has their own handyman employees and do not need to sub out all repairs. my experience is that STRs outperform LTR by enough to cover the PM fees, utilities, and additional furnishing costs but not much more.