I myself try to keep things as streamlined as possible. 

Plus they offer to streamline a lot of the systems and marketing.

Your mailings need to streamlined, targeted, and drilled down to a specific location or seller demographic.  

If you want to be anywhere close to 1% starting out, with no regular volume to speak of that justifies it (see above about economy of scale), then what that would look like is a cubicle in a call center where you are a one trick pony, reading a script, offering exactly one high profit mortgage product primarily to unsophisticated consumers, like FHA Streamline Refinances...

My understanding is that on the 203k streamline loan you can only get up to 35k for repairs but you can do some of the work yourself.

Can you do some kind of streamlined refinance?

@David Friedman There are two different kinds of FHA 203k Products streamline which is under 35,000 and FULL 203K which is a rehab loan amount of more than 35K.

(not a huge deal, but considering others allow applicant to pay online I'd like to be as streamlined as possible)I've searched and searched the forums and perhaps I missed it or just haven't come across the answer yet, as there are 1000's of posts regarding screening...

I have been working on putting systems in place to help us streamline our business but this is all new so there will undoubtedly be bumps in the road.  

The home is mortgaged for 145,000 and it is very likely that that is all that it is valued at (FHA refi streamline so no appraisal done).