Be aware that they are needing the money to feed their families.

The fact that a company has money is irrelevant.

Here are some specifics:Purchase price: $955KSeller Finance offer: 20% ($190K)Reno cost: $90K Ideally we would like to do a Morby Method where we purchase the home via conventional mortgage or hard money lender and on the back end have the seller lend us the $190K with a second position lien on the property and a 5-year payback.

It's not allowable but it's also not a particularly large sum of money and presumably work you would want done anyways.

It's because most people don't understand how money works. 

Don’t waste time or money until you figure out this step. 

Does anyone know of any asset-based hard money lender that does not require credit check.

They will move to a different home where the owner keeps up on maintenance, and you'll be stuck trying to rent a non-functional home or paying a lot of money at once to fix everything back up.Best practice is to maintain your property.

Save the time and money on beautiful floors for when you go to sell.

I don't know what you consider a lot of money spent on advertising and marketing, but I can tell you that $10,000 per month won't scratch the surface.