Should I get an attorney to draw up the paperwork or is it pretty cut and dry?

Agree on a draw schedule, because you don't want to put up 50% of the cost initially, then have them bail.I might have a recommendation for a handyman kind of guy who has helped me on remodels in the past.  

Divided by 31 that's about $45.65 per day which means I should be receiving about $821 because I owned the property for 18 days in August.  

We always like to go with something that pops and draws your eye from the street.

If you take money out of your operating account, it goes to your drawing account, you get paid, then go spend it on whatever.

For basement a deconversion issue which is pretty easy to comply on and for the porch you will have a porch specialist go and draw up plans and permits to try to save the existing structure.  

You simply have companies that have been around for a long time now slap the term crowdfunding on their homepage to draw more traffic and really mislead people, just because it is popular to describe their operations this way.

For something like this, I've been told I need an architect to draw plans.

@Kevin Dawravoo, from where I sit, your net "cash flow" (per month average) divided by "the amount of money you have put into the property" IS your Return On Investment.Of course, when you are analyzing any potential deal, all income and expense amounts are "mythical" to some degree - the trick is to become a good guesser, and there are plenty of available tools to help.The overall value of the property is perhaps the least relevant figure here, except as it relates to your tolerance to RISK in calculating your borrowings as a percentage of the actual property value.

In general most homeowners would file for a claim on their own in this situation and the check would be issued in care of the Mortgagee to control the draws for repairs.It is not clear if your borrowers filed for a claim on their insurance for the sinkhole.