@Ashley Wolfe  its very nice of you to ask... however your broker only gets paid if they represent you and write the contract for you.. ( unless you have buyers brokers arrangement which are fairly rare).So when you have an agent working for you and you feel they are bringing value make sure you use them to make your offers on listed properties..Nothing worse to an agent then to work with someone only to have that client go direct to a listing agent and cut them out and the buyer is not cognizant of how this crush's your agent.

However, you can note it when you find the IRR and simply subtract your predicted inflation rate from the IRR as the cash you receive further in the future will inflate away more. 

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

I was worried the tenants were going to smash the house after I left, but it does seem like the simply left after my departure. 

I simply send the background and credit check to the tenants and they have to pay the charge through the check.

I wish you well, simply make sure the area is right, otherwise the deal could sit on the market for a long time and the hard money lender will be the only one who makes money.Lastly, be very careful with the contractor.

However, unless I was to go the private financing route, I simply wouldn't have the capital to rehab a house myself yet.

It's really hard to get an idea of cost without someone actually going out to bid the job (not knowing the size, location, grading for the lot, whether you need to add curb cuts to enter this new garage from the street or if it's from the alley, routing utilities, etc).  

You already have some tools in your toolbox....no pun intended.Now, you simply have to work on the other elements to progress your REI pursuit.Ok, now that you have taken your initial step, below are some quick links to get engaged. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/invitesREI books suggested by BPershttp://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

To be more successful, you simply have to work on the other elements to progress your REI pursuit.