OR would it just be a simple authorization letter granting him permission to have sole access to the deck?  

The lien doesn't absolve you from payment, it just protects the bank by granting them security in the real estate.

- Are their any words of warning when using government-backed loans/grants (aside from what I'm contractually obligated to do - e.g. keep rents fair market for N months)? 

@Grant BertholdHI Grant It took me many years to start delegating.  

Are their any grants available for a startup investment REI?

I also have proof that utilities are in their name required before possession is granted as well.  

But if you leverage your equity, on a ratio of a standard bank loan (20/80), your 1mm capital can borrow an additional 4mm for a total of 5mm.The same 5% return on 5mm would be 250k.Now granted, you would have to pay interest rates, etc but you can get loans which are below 5%.The more your willing to go into debt, the larger the end payout can be. 

The seller lawyer had sent me (2) letters claiming that I took the property wrongfully, and the property was worth a lot more than what I had purchased the property for. 1st Letter: Stating that "...the seller did not fully understand the transaction, and it was not her intention to transfer title..." and since she couldn't drive; I drove 100 miles to go to her place and pick her up, so she can go to a notary place to sign the grant deed.

People tend to take the money they're not charged for granted.

Granted if there was no rehab needed you could cut cost of money and interest and taxes down to maybe half.But is doesn't allow money for rehab or profit. 2.