The title company should be handling everything for you in regards to notifying the seller and making sure the money is collected and paid.

Should I consider getting a title loan , find A loan broker , Find a private hard money lender ?

Time to renew my business general liability insurance Thought it might be a good idea to post here see if i can get some better quotes and save some money

I suggested notes with established rehabbers as their main goal is to exit quickly so they need that note paid off to convey the title.

Most have no license, no education, and no insurance.

Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.

Can someone please tell me what the Percentage i , for what the Taxes and Insurance is , for properties in Shelby County ?

Keep the insurance in the homeowners name (you become an additional insured), get a durable power of attorney from the homeowner, and make the payments on time!  

You want the net income after all expenses like, maintenance, utilities, taxes, insurance, property management (if needed), if the property is vacant figure that in, and Cap Expenditures (any big ticket items that might need fixing or replacing once you own), things like the A/C unit, water heater etc.

Find a good real estate attorney and a title company.