If you are going to do it, I would strongly recommend a written contract, get an estimate from him, pay only per the contract (not hourly, daily, etc), Require General Liability, Workers Comp (including coverage for him) and Auto Liability

Found it, average daily rate. 

After repair value: N/AAnticipated or actual appraisal issues: N/ACurrent rents per month: Daily average in Broken Bow is $358.00 with a 68% occupancy rate. 

Nothing earth shattering but decent and I like to work where I live so to speak so investing locally is my cup of tea. 

Analyze deals daily. 4.

(b) A late fee under this section may include an initial fee and a daily fee for each day any portion of the tenant's rent continues to remain unpaid, and the combined fees are considered a single late fee for purposes of this section.

A realtor friend of mine told me to add an addendum to the contract specifying a move out date with a daily penalty charge for every day she stayed over - this incentivizes a quick move.

You should have well thought out, detailed renovation specs, iron clad documents to protect you from unscrupulous contractors, and hopefully someone you know and trust that is boots on ground that can go check on the project DAILY. 

The connections that I am making and the education that I’m gaining daily is very beneficial.Im now looking into hard money lenders so I can get a jumpstart on my MF journey. 

They will simply charge you a daily lease rate for the home until you close the purchase from them.