Am I asking the right questions, do I need to restructure my question and clarify more specifics?

Some were existing notes purchased at a discount, most were originated hard money loans, others were non performing restructured to become performing.  

Aside from all that, the main idea in the refinance part of the equation is to do your own cash-out refi to restructure the debt in a more economical vehicle, pull out some equity from the delta you've created between the purchase price and the ARV once your rehab is completed. 

I'm thinking reduce the unpaid balance and restructure the loan to be $90k at 8% interest only with a four year balloon payment.

If your funds haven't performed well, its time to restructure.

It may make more sense to occupy those core assets under long-term leases and use the cash proceeds for other purposes while leaving the risk of owning the real estate to their lenders.For some companies that own and occupy real estate, their financial success depends upon meeting the following objectives:•to make the most efficient use of assets •to obtain the lowest cost of capital •to focus on its core business operations A sale/leaseback (a long-term net lease transaction) may help to meet these objectives by: •realizing 100% of the current real estate value •monetizing assets at a low cost of capital •removing assets from the balance sheet •providing unrestricted use of proceeds for expansion, stock buy-back programs, debt restructuring, acquisitions and other core business opportunities shifting real estate risk•assuring long-term control over core assets

I had a conversation with 1 high net worth individual, and he was not worried at all....he had an attorney who had restructured his home & personal assets in such a way where his lates, NOD, even foreclosure wouldnt impact him or his credit personally.Now this was more than 13 years ago, and I myself was going through 1 of the most toughest times in my life.

I am trying to get more information on potential permitting and licensing requirements in my state (Oregon), as well as other states we operate in and will operate in within the future.4) I am considering restructuring so that I can file as an S-Corp.

I'm restructuring some of my leases to increase cash flow on a per building basis.  

Around 2011 (maybe 2012ish) there was an upswing in home values because of military restructuring that is now in full effect (i bought my short sale after this up swing).