Just want to throw my opinion in on your carpet.

Buy a cheap pair of decent basketball shoes and a ball. 

There are a lot of note buyers out there in the secondary market that like owner generated paper.. if you buy cheap enough you can still do very well with the higher returns those investor expect.I help my land flippers I fund do the same thing even today.. 

It's a pretty good deal in our minds, and we are inclined to stay there because rent is so cheap.

I've also renovated another kitchen to just have white cabinets and black finishes to keep things as cheap as possible.

I don’t have any affiliation with them, just thought I’d share as I think it is pretty much as cheap as you can find for paid softwares with good functionality.Payments take several days to process, but tenants can automate them which is nice.

Don't be cheap - I personally went into the real investing space with a scarcity mindset and trying to maximize profit at all costs. 

Cheap in Baltimore does not equal good prospect for cash flow.

Just throwing it out there to see if there’s any options at 90% LTV which there may be but i also don’t want 9% 

So at that point you have an unsecured note and your recourse is to sue on the note if they wont pay.. and or sue for fraud if they never gave your security but inticed you to make this loan saying there would be security.. so as to not throw your borrower under the bus here you may not be fully aware of what deal you actually made.hope this helps giving you next step but if its a significant amount of money I would get a consult with a RE attorney.