For the rehab portion, I have not yet done a rehab on a property but I have been in the construction industry for over 25 years and do understand processes, contracts, and timelines. 

You have a process, and yiu've followed it this month.

The interest rate and cost is higher than conventional loans but the requirements are less and the closing process is faster. 

Or is there something I'm missing from the complicated section 8 process. 

Therefore, I believe that commission fees will be a significant factor in buyers' decision-making process.

I’m fairly confident in the actual renovation process due to my experience with facility management and vendor relations in the restaurant industry. 

We don't have a pre-screening process.

I'm not sure about the Living Trust as I have not gone through that process.

I am in the process of purchasing my first house (woo hoo!)

So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient way to fund the renovations.Doing our best to communicate with each other to ensure a smooth draw (fill out work completed form, get inspector out, review from both HUD Consultant and lender, send for signatures, 3-5 days of processing).