If you want to show "skin in the game" to the investor, show them how you sign a personal guarantee for the hard money loan and that should be enough to show that interests are aligned.

Upgrading the existing features, such as paint, flooring, fixtures, or appliances, can also attract tenants and increase the property's appeal without incurring significant expenses.Ultimately, conducting a thorough analysis of the costs, potential rent increase, and expected ROI will help you make an informed decision that aligns with your investment goals.Best of luck with your rehab project!

Please let me know if you have any questions.Borrower creates an estimated budget during the origination process.This budget is reviewed by Anchor's internal team during an onsite inspection to ensure the scope of work aligns with the repair description provided by the borrower.Once the loan funds and after the borrower completes a portion of the repairs, they will submit a draw request to Anchor which includes a line item breakdown of the work completed and money spent.An inspector will visit the property to ensure the work is in place and that the budget is on track to the overall repair progress.If title has any endorsement requirements, then the approved draw request would need to be sent to the title company for endorsement prior to the funds being released.Once approved, Anchor will wire funds to the borrower.

Then try to figure out a way to align incentives so everyone benefits when work is done well and on time. 

We have to do a little work here with the surveyor, city, utility modifications, adding driveways , flipping garage doors but if I can do this, it will really optimize the value of the investment but I will have have to have the stars align so will see how it goes!

I really would get the issues out there that could happen and see if you are aligned then talk to the lawyer.

Or say the agent specialized in high end homes that are in the $700k+ range and you want to target SFR rentals that are around $200k, it might not be a good fit.Determine what your criteria is, then ask the agent about their business and see if they align.

I know you asked about paying, but I haven't found 'payment' to be the glue to bring people together, what's important is finding people with aligned goals and values. imo

What you're saying aligns with much of what I've been thinking, which is encouraging. 

I'm looking to make my first deal and this post aligns with my biggest concern...funding.