Get a good General Contractor, write a proper contract with proper payment milestone schedule.If you don't think you can come up with the money to finish it get out from under it and talk to your HML ASAP like @Jay Hinrichs mentioned.Happy to connect and talk through the situation more if that would help!

Bob, thank you so much for writing me.

The daily interest is then calculated on this remaining balance.People often ask, what if I write a check and the AIO just swept over all my funds and I have zero balance in there, what happens ?

I mean even those of us that are brokers if we don't protect our position in writing we will get cut out.. 

Now, if I write in my "Name and/or Assigns" in the Buyer field, I can then go sell my equitable interest, i.e. the right to purchase the property under the terms of the contract, to someone else.

That response is a cut/paste because I got tired of writing fresh responses multiple times every week.I appreciate you pointing out the error and helping me beat the horse to death.

Alecia I appreciate you for the time you took to write this reply I aspire to be a business owner like you someday! 

For example, you can write something like:"Spoke with GC for 1 hour regarding renovations for STR property, discussed scope of work, timeline, and cost estimates." 

Last week I was chatting at a party with a State Farm agent (not my local agent) who clued me in that State Farm will write commercial policies for STRs, including SFH owned by an individual or trust. 

Hi,I write out my screening criteria and ask for rental history and income verification before performing a credit check via Rent Spree.