The people foolish enough to argue typically give me another opportunity to evict them soon enough.

Don't forget the fees which typically are a few %.... but like @Jay Hinrichs mentioned your credit will take a HARD hit.

Its more than black and white with me being licensed.

We typically operate in the B asset space (A and B Locations). 

You can demo without a permit typically. 

I'd like to hear from people who've had success with the program.I found a great cash-flowing deal, however the property needs work to make it livable and won't pass typical FHA or Conventional standards.

They will typically require a landlord policy or fire policy, the name depends on the insurer.

@Antonio Lulli First off I don't know who that is in your photo on your profile, hair color looks weird, anywho, Antonio and I were just having this conversation last week. 

Whether or not, the demand for what you are doing must be high, city legality law, and the normality of a new structure going to be typical in that area? 

Typically whats the interest on a hard money loan?