@Edisson Casseus generally, a hard money lender will need 10% - 20% of the purchase price, plus whatever points they charge, and money to start the renovations (realistically, 25% of the reno costs), and a reserve for loan repayment.

.- If you are looking at C neighborhoods and below, what are the eviction processes and what does management charge?

That is because with an in rem, the court will appoint a guardian ad litem (GAL) to represent the unknown people, and that is a separate lawyer who will charge $1,500 to $2,000 for their fee.

Which allows you to charge slightly higher rents, but more importantly get units rented more quickly.

Get a pet deposit and charge a monthly pet rent in order to maximize profits and make sure your covered in case the pet does end up damaging the property! 

I charge $25,000 for the non-refundable Option fee.

My third spreadsheet has the same X axis as my first spreadsheet and the Y axis is the amount needed to offset the mortgage based on whether I charge $800/$900/$1000 a room for rent, all the numbers are pulled from the county obviously:Electricity, gas, repairs and maintenance (10%), capex ($200), vacancy rate (10%), sewer rates, water rates, solid waste fee, lawn care, property management (10%).Am I missing anything?!? 

As far as me loaning money it depended sometimes I would charge just 6% if very quick deal, some deals were a few days of rehabbing then a few days on the market.

Even if it was, it would be 10x's the cost of what the mortgage company would charge for the 15 days.The mortgage company's insurance policy incurred the risk of covering your property while you were uninsured. 

Subsequently this allow me to charge a little bit higher for rent.