Hard money typically refers to a company that has it's own underwriting guidelines, rates (9% - 15%), costs, draw process ect.

In process....stabilization in 12 months Lessons learned?

Start the eviction process.

I'm wondering about any potential regulations that might make this a more difficult process than I'm anticipating. 

And I will state different jurisdictions have different rules, processes, expectations, etc.In my area you are required to have a permit to swap a water heater.

Process is simple. 1. purchase contract2. send contract to title company3. bring cash to closing and you're done

The irony is most who post in these forums about entity formation and asset protection are solely concerned with preparedness for when claims arise without understanding the true ramifications, don't know the difference between being a certificate holder and additional insured status,  what indemnification means etc.

Experienced developers, could you tell me how the process/financing works?

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Evan,  As a local broker, I’ve assisted many clients with the entity transfer process, often referred to as a "drop and swap."