Then multiply how many hours would they actually set it that low.

., but to start, you just need your place set up well to begin with and a few good people on the ground. 

I’m not sure how to set the deal up.

Linen Rotation with Pre-Washed Backup SetsWe keep 2–3 full sets per bed and pre-wash the backups in advance.

Schlage locks are higher cost and higher quality than say Kwik Set. 

Each individual cell you set up within the Series LLC would be owned by you directly, qualifying each cell for the FONCE exemption. 

Your expenses can be -Property management(if you hire it out)Repairs/maintenance(a % you set aside from the rent)Home insuranceVacancy(a % you budget from the rent)Utilities(most scenarios tenant pays but something to verify)Outside of these monthly things make sure you have reserves, a nest egg set aside for any emergencies that come up.

These rules are not in anyway set by the lender/bank/credit union.

Given that there won't be any other lienholders on the property other than myself (in the sale contract), would I get to set the reserve price for the auction?

Might be you're not set up properly to obtain a separate account.