Example: You have a loan against 5 different properties and each property is worth $150,000 the estimated loan is $525,000 or $105,000 per property (70% LTV)Release Pricing:  If you have a loan against 5 different properties and each property is worth $150,000 and you have a loan for $105,000 (70% LTV), you will be required to pay back 1.2 * 105,000 =$126,000 to release the property from the loan. 

Second, your all-in cost is estimated at $113k, but your ARV is $115-125k, So you are taking all the risk of the rehab to get what?

But as a personal investor myself I would say look for someone who has done volume, compare their rent estimate on rentometer, look at comps to compare their price, check them out on Better Business Bureau, ripoffreport.com, turnkey-reviews.com, things like that, ideally tour the places you are considering, but that might be a stretch from Hawaii  

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

My only regret is not getting more estimates prior to hiring the company I'm with, they seem expensive to me but on the plus side they respond within an hour of my call so I don't have to worry about scheduling them.  

Points charged by the lender (wouldn't you only get this once the bank has the property info), Cap rate, closing cost ( I normally estimate about $5-8K but if you are doing a rehab loan wouldn't it be different?). 

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

We are very interested in a Buy and Hold strategy.I do have some basic construction skills, so I can spot things in homes we are looking to purchase and estimate how much it might cost to repair.