I am currently in the Process of renovating my primary home.

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

What is the current interest rate on a private money loan approximately $300Kthanks 

However, our current hard money lender only funds one loan at a time, limiting our ability to take on multiple deals simultaneously. 

It should be relatively straightforward to begin discussing the goal-setting and planning process necessary to begin transitioning from current state to future state. 

Our current insurance company decided to not renew the policy.

I'm currently building out a couple versions of my own, since the internet is not producing very many good ones.

When including maintenance/cap ex, vacancy, pm, misc he will have little, and possibly negative, cash flow.if he invested almost $250k to add less than $150k of value (assume some of the current value came from the home appreciation), there is no cash flow until the initial negative equity position is recovered.  

Currently most investors Fannie/Freddie, FHA , VA, USDA and most portfolio notes allow up to 6% in RE agent commissions.

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.