As soon as they do not pay, then give them notice and start the eviction process. 

Currently in the process to refi and cash out roughly $200K, ON TOP OF the original $280 I put down.

There are a few things that might need to be changed that I can recommend depending on your processes, systems and the proprty itself. 

I am a real estate agent in the process of finding my first real estate rental deal.

I don’t want some part time agent who ignores calls just because it’s a Saturday, I’m trying to streamline future processes by making sure i get the best agent possible starting out, so what are some good questions to ask?

I am a residential remodeling contractor by trade with a solid understanding of the rehab process and a network of laborers and subcontractors that I can rely on, and thus plan on managing this first rehab myself. 

I am hoping I do not have to go through the evection process (done it before all the way to sheriff kicking the door in) and its quite daunting process, but the upside I guess would be I been through it all. 

I found your very valuable to me as I in the in the process of buying my first rental property in Saginaw as an OOS invester from CA. 

Should the process be the same?

But I don't think roommate income is a thing, and existing roommate income definitely isn't a thing if it's an apartment you're renting.I recommend you find a local mortgage broker who does conventional loans, give him/her a call, and ask to have a conversation about your borrowing limit *before* going through the pre-approval process.