Also there less requirements to meet.

A contractors license to service appliances is not required so labor is a lot cheaper.

Tell them your purchase price, work that needs to be done, and ARV as you're vetting them.Documents Needed for a Hard Money Loan might include:LLC DocumentsYour Credit ReportCompany Bank InformationYour IDSigned Purchase ContractRehab Budget Track Record of SuccessEvery hard money lender has different requirements, so some of these may vary.

Meaning listing a home for sale will require MORE actions, efforts, energy, intelligence.     

Agents are typically required to show up with the client at the first appointment with the builder - if they miss that, they can often be cut/pushed out of the deal.

But you can't assume that people who do those tasks required in living are marketable skills.There are better ways to assess ones integrity than their receiving some benefit.

We have lenders that allow you to defer payments during rehab faze so you dont have to make payments but most lenders do require IO payments. 

More and more states are requiring a form exempting from collecting % as a withholding. 

Market circumstances might change, even if your intention is to flip the property, so think about your choices in case your initial plan doesn't work out.Market Analysis: To verify your predictions on future appreciation, growth in the rental market, or the effect of renovations on property value, do a comprehensive analysis of the market.Time frame: Evaluate the opportunity cost of having your cash invested in a non-performing asset and be realistic about how long you're willing to wait for the property to turn a profit.Investing in a property with negative cash flow can be a calculated risk under the right circumstances, but it requires a higher level of due diligence, market insight, and financial planning.

You do need to have everything that is charged for itemized and  send that letter showing deductions within the time frame required by your state.