Delivered a 3-day notice to pay rent or quit 3 days ago.

I pay myself back with the cash flow and repeat.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

and booked one today in fact  you pay 5 bucks more a night and that allows you to cancel within 24 hours of check in..

This means they are bundled together and turned into bonds, financial instruments that pay out interest (yield) to investors looking for a steady, fixed return.

Only thing you'll need to pay attention to is fully demising the unit with materials that have the proper fire retardancy.

My lease agreements include how often grass needs cut, tenants paying for their own lightbulbs.

If my buyer does not pay -- I do. 

I am able to pay back the hard money loan and pay my contractors. and then rent out the home?

Quote from @Neil Warren: Hard money loans are at higher-interest rates and for shorter terms, meaning you will pay them back quickly, usually in 12 months or less.You should not borrow 100% of the purchase price.