I usually spend my time, if the seller is present, keeping him/her out of the way if needed, pumping tenants for info, taking measurements for room sizes and drawing floor plans with doors and windows and noting appliances and taking pictures.We look for value add properties that are in decent structural and mechanical condition (except for one deal that we got really cheap).

We do them, but they aren't cheap and your LTV will be lower that a HELOC on a primary residence.

Thats with my cheap subs and me paying them cash using a GC this would be a $70k rehab and negative equity. 

With real estate prices soaring sky high in Austin and Dallas, investors started looking at Waco's cheap housing market as the new forefront in Texas for great real estate deals. 

Maybe throw in some money after that to build rapport.Bottom line, I would move forward with doing this, even if they only pay a little (or not at all).

Based on my experience, you either pay some more but get a high-quality service, or you have really raw but cheap software.

If you do cover it I would cover it in sheet metal or something simple and cheap.

You can be sure your guests are not throwing a wild party in the back yard pissing off the neighbors.  

Knowing how cheap (or expensive) in finishes you have to go is huge.  

As a matter of fact, I'm flying to Vegas now and will throw whatever money that I would've "gator lended" on the first table I see 😂