I didn't experience any issues with the appraisals, but the UW process was a bit tedious, but it was being outsourced that time.I've gotten quotes on loans since then and I speak to my rep there fairly often so I have a good pulse on what's going on there and I'd say they're much improved, but I can't speak as to what how the loan process is currently, but for those who have limited access to blanket loans via a conventional bank I suspect that the ability to secure this kind of financing makes most lender related hiccups a mute point.

In the world of craigslist and outsourcable background/credit checks, they're not that hard to find or screen.  

If you do most of the work I can see you stretching your 500 if you out source its going to eat it up. 

Seemed like every job was outsourced to a third party and information was never relayed correctly.

This is one of the main reasons I outsource this activity.

Deals definitely are harder to come buy so we started outsourcing our direct marketing campaign this month to increase quantity and consistency. 

So, I outsource that portion of the equation.

I have to admit I am intrigued by doing this entire flip without seeing the property because that would allow me to fully utilizing my marketing abilities to go well beyond my current city if I can outsource every step of this process. 2 weeks in and we have an assignable contract with 40K in estimated equity.

This afternoon I had a meeting with the owner of the outsourced security firm for our neighborhood (looking to upgrade some surveillance equipment).

Agree with hard money loans with the caveat that you have to know how to properly underwrite them, or have somebody on your team that you implicitly trust to do this for you (but this is something that I wouldn't personally outsource).