Hard Money lenders prefer first lien positions during the rehab portion due to the enhanced security, control, and financial stability it offers.

Original asking was $145K but since the condition was not good we offered $125K and landed in the middle.

Here are some specifics:Purchase price: $955KSeller Finance offer: 20% ($190K)Reno cost: $90K Ideally we would like to do a Morby Method where we purchase the home via conventional mortgage or hard money lender and on the back end have the seller lend us the $190K with a second position lien on the property and a 5-year payback.

I’m not familiar with “hard” money, do you offer standard foldable money?

There are lenders that offer helocs / second mortgages on investment properties. 

If our tenants work outside during the day and our handyman has to spend few days to come to fix the carpet and floor, the tenants ask us if we can give them rental deduction to make up the working hours, how much rental dections should we offer them?

Each property has a home warranty so repairs typically just require a call to the home warranty company who then organizes the logistics of setting up a handyman from their network.

SFR typically do not provide any cash flow at 70% leverage.  

The tenants we typically get under this business model tend to be workaholics and they rarely complain about much (so far) so I haven't had any issue.

While I would typically say stay out of interpersonal issues between tenants, this is obviously more of an actual problem bordering on or actually a lease violation.