Have you gotten out of the original hard money loan or still paying the double digit interest cost?

The critical factor is whether the property owner can demonstrate that the sale or settlement was made under the threat or imminence of condemnation.

What made you interested in investing in this type of deal?

The 1% rule states that your monthly rent should be 1% of the per unit price.

Quote from @Meshael Eady: Hello BP Family,Starting today I will be marketing to folks in Brooklyn who might be in danger of losing their homes to foreclosure. 

Keep in mind that your competition is also scared of rates and staying out of the market.

I've seen a few folks make that kind of jump, and it's not as off-the-wall as some might think.

This is often one of the first things a real estate investor will outsource.

I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place. 

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.