Borrowers will be provided an upfront disclosure detailing this information.Contractor(s) Acceptance:  A borrower must choose his or her own contractors to perform the needed renovation.All Contractors participating in the HomeStyle Renovation Program must complete a Contractor Profile Report.

A lot of questions to answer but to each their own on how you choose to invest and whats right for you. 

What ever you save in the front end may be more then lost in the back end by the problems they create.In summary choose the best asset you can afford in the market you want to invest in.

I read up some things and one of them would be to register the home since it was built in the early 1900s and has lead-based paint.

Either direction you choose will benefit you.

@Denise Fitzgerald most investors choose 30 year fixed rates if they are using the "buy-and-hold" strategy (essentially renting). 

Regardless of which structure you choose, be sure to have a good understanding of the prohibited transaction rules and choose a provider who can help you develop that understanding.

You can choose to structure an agreement where the capital providers can get passive returns (similar to syndication, if you're inclined to use that model) while you retain complete operational discretion.

No more tenants at my home.However the root cause of your problem is you have given your tenant permission to pay rent late if they choose.

I.E. same countertop, lighting, paint?