I would be interested in converting those parking slots into a 1br unit identical to the one above it.

as stated above narrow window of loans that done come with PG's  

If you have more equity in some of your properties, you could do some cash out refi's and re-leverage, and possibly pay off 1 or more properties, freeing up another Conventional slot for you. 

but PG is required ..

I just filled out a simple 1-pg Articles of Organization form and mailed it in with $100.

Yes The idea is to refi them into an s corp or LLC in order to free up slots to continue to buy w traditional Fannie loans and clean up my portfolio.

I'd also suggest you get on Quick Books, pretty simple but having a little accounting will also help, just 4 hours of studying will make a big difference, what's known as "slotting accounts", correctly placing assets, liabilities and capital in the right place. :)

The crack is likely at a bolt slot as thats where all the stress is, making it even less likely it would hold.

I do showings once a week at some fixed time slot.

If anyone out there has funds they want to put into play, just message me and I will slot you into one of our next deals.