The bank protects you by disbursing payments to the contractor ONLY when certain milestones in the project have been reached.If you're looking to pay for the rehab out of pocket AND want to manage the project yourself, J Scott's books provide a great manual.

I have people pay $18K for a month in high season, I can't imagine they could get away with charging 20% on that.  

Here's a short list of just a portion of the features from:  https://www.myreipro.com/pricing 10 Step Workflow System InstalledREIPro Home ValueRent ValueProperty DetailsTax InformationMortgage InfoTransaction HistoryStreet ViewReal Comparable SalesRecorded Sales - Not Estimated ValuesFree Phone Number LookupCell Phone & Non-published NumbersNearest Relative Phone Number LookupSeller Phone Scripts & QuestionsGet Offers Accepted with Our Multiple Offer SystemMake Cash OffersMake Lease Option OffersMake Seller Finance OffersPrint Offers on DemandThe Cons:  For me, the $1068 for the year was just over what I wanted to pay.  

@Brandalyn DolanNo you have to pay hotel accommodations separately 

At that price I am able to underbid almost any other housing situations available to them, and cover the payment/repairs to the point where I pay less than I currently do in rent.

I rather fix the damage, have the neighbors insurance pay for it, and find a new Buyer once the issue is resolved.The important question is: After I say NO to the requested discount, if the Buyer decides not to proceed with the purchase, would the Buyer be entitled to receive their earnest money back or should I?

Appreciation is great, but appreciation doesn't pay the bills.

You buy the house for "a deal" and then someone comes and buys that deal from you, pays you a spread, and doesn't realize they could have bought it for your deal, ten days earlier?

Your satisfaction and success are our top priorities, and I want to ensure that any concerns are addressed promptly and effectively.Learn MoreTo get a better sense of what we offer and see some of the successful deals we've done with our partners, feel free to visit my BiggerPockets profile.Again, I'm sorry for your experience, and I appreciate you bringing this to my attention.

Depends on your state and I'm assuming you have the basic stuff about lease termination, eviction, etc.A few we like to add:- if you don't change filters, then tenants pay for a full duct cleaning- charge an admin fee for all HOA notifications, not just violations- Clear tenant responsibilities- Fees for adding or removing tenantsBest of luck!