Are you able to raise the rent some to help you cover those costs?

Many topics of concern will be covered on a daily basis. 

Do I start with the hard money with 20% skin in the game and then ask for the full $140k to cover all purchase and repairs, make the repairs, get an appraisal, THEN get a conventional loan to get out from under the hard money loan?

There's a lot in your post and to cover on this topic, but I'll try to hit the major points. 

Do construction loans cover the architectural costs also?

In the Property Disclosure -> Covenants, Fees and Assesment section, the seller marked YES to Q:Is the property subject to a recorded Declaration of Covenants, Conditions and Restrictions (CC & R"s) or other similar restrictions.No explanation notes were provided.

Obviously I would like signing of the PSA to be subject to satisfactory result of those inspections which I also would like to use for further negotiation of price. 

The shower was fixed by them, however he said the water shut off valve wasn't covered by the policy...1.

I wanted to know if the construction lien price is the final sale price and not subject to original loan set by say, Wells Fargo??

Hello all,So I'm new-ish and attempting to stay in-line with standard forums etiquette here:I don't want to post in the wrong areas and derail subjects/conversations, so say I'm looking to reach out to local handymen/contractors for a possible rehab, where is the best place to do that within the BP forums?