Will that be a "living wage", in skilled areas, say a welder, maybe, in paper pusher jobs, I doubt it.

These guys don't look as good on paper, don't have the same type of experience, don't provide the same level of service, but can provide pricing that is reasonable and will still allow you to make a profit.And, despite all their flaws, they can still be an awesome asset to your team, if you manage them well, don't give them too much control and nip any problems in the bud immediately.Trust me, I didn't want to believe that this is the way it was when I first started, but I quickly learned the truth.

It would seem to me a toilet would qualify as a permanent cabinet, also not a lot of clients are going to want a molding up against their tub.

Just did the final walkthrough today and it is still in shambles (paper everywhere and can barely walk around in there).

After listening to the chapter on seller finance a light bulb went off in my head, I grabbed a piece of paper and started to throw some numbers around. 

Competent commercial lenders know that depreciation is a paper loss and not a real one, and will add it back to your income when calculating your DTI.

You definitely can’t get agency paper so your looking in the right place (portfolio lenders)

Replacing a toilet costs $150 no matter where you do it.

Bathroom needs to be redone: tile, sink, toilet, tub/shower.We will likely lay down laminate flooring throughout all the rooms as well although there is 24" tile we will try and salvage in the kitchen.

Sounds good on paper, though.Should tip you off that, even if you owned the note, you need a seller with standing to comply with terms if any short sale.