Tell them your purchase price, work that needs to be done, and ARV as you're vetting them.Documents Needed for a Hard Money Loan might include:LLC DocumentsYour Credit ReportCompany Bank InformationYour IDSigned Purchase ContractRehab Budget Track Record of SuccessEvery hard money lender has different requirements, so some of these may vary.

But you can't assume that people who do those tasks required in living are marketable skills.There are better ways to assess ones integrity than their receiving some benefit.

Maintenance and large capex items can often get overlooked when investors focus on monthly payment.

Meaning listing a home for sale will require MORE actions, efforts, energy, intelligence.     

Agents are typically required to show up with the client at the first appointment with the builder - if they miss that, they can often be cut/pushed out of the deal.

It is no different than a loan company requiring insurance on your house or car.As @Dawn Brenengen said, require that they put you down as additional insured.

Lease Options: This is better than a typical lease because there is an expectation that they will buy and in many cases, you can make the tenant responsible for some of the maintenance and also you get some option money.3.

You do need to have everything that is charged for itemized and  send that letter showing deductions within the time frame required by your state.

I would guess 15-20% down payment would be required.

We have lenders that allow you to defer payments during rehab faze so you dont have to make payments but most lenders do require IO payments.