I can't determine the premium that should be paid to walk through that process for a novice who doesn't want to fail in their transactions going it alone. 

I do have a really good hard wood flooring guy.

Regards,Devin Woods

Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $100 Mortgage Insurance = $1,370 total.Rents: 3 x $675 = $2025.

Would a purchase order for carpet/wood flooring work for the bank?

I go with wood looking luxury vinyl planks.

At the time I got these later 30 year loans, the interest rate premium didn't seem attractive enough to go with the 15.  

I will PM you info on the premiums my clients are seeing.

Some want a turn key super high end neighborhood and are willing to pay a premium for the security and will settle for less profits, others want to go all in and invest in distressed properties in not so great neighborhoods for huge returns and are willing to accept the risk. 

(In the inspection we just received, he found 9X9 asbestos tile flooring under the carpet, gas leaks from the furnace and water heater, leaking around the tub, squirrel infestations, termite trails, and old rotted wood siding among other problems.