This is never accomplished in hard money loans and some may feel this adds more risk to the lender not having interest paid as you go, I argue that not having to come up with that monthly interest payment reduces the amount of capital needed for that project total and there by reduces the loan to value needed which helps both parties.

I figured it was the well and did not bother to check if it worked, i buy houses as is and dont mind replacing the pumps or piping if needed.  

My sister and I are working to partner up for a real estate business.

Searched four sites and came up with a different decision than your original decision to go with them. 

Your taxes will 100% shoot up.

I'm in Los Angeles as well and I've snowballed up to 20 units in MO and TX (mostly BRRRRs).Since you're local, you should join our monthly investor meetup in Woodland Hills.

They made promises they did not hold up to.

I’m a very direct but also analytical person so i be sure to ask all the tough questions up front because i don’t like bad surprises.

Construction costs are up about 40% over the last 4 years.

I would encourage you to read up on debt to income ratios (DTI for short).