I have thought about hard money lenders but most of my contacts lend on properties that are significantly under value so that if they need to take the collateral they are in a good position.

If you want a lot of positive cash flow from your rental properties I would suggest investing out of state.

ARV is (after repair value) you stated the ARV was 75 then said potential market value of 128-150......I'm not positive but what i think you meant was purchase plus repair costs is 75?

Ive been so harassed by this person what legal action  can I take.

I think upfront communication with your property manager on how involved you want to be would be the best course of action.

We were attracted by the theory of Clayton Morris like so many people did and took action in March this year to buy two houses.

They are both positive cash flowing properties. 

The more cash you put down on the purchase, the more likely you are to have a positive cash flow each month.

I’m eager to take action, and even more eager to learn.

If the cash flows are positive in either case (buying and not buying points), is the advantage of a lower interest rate really only observed after so many years of tenancy compared to not having bought points?