I would offer it on a land contract to someone wanting to live there for around 1500 and small down payment or sub2 with a large down payment and monthly that would cover PITI.

Post on Craigslist seems like another 'guru' but I cannot put my finger on it, he seems to be following Cherif method, not sure what to make of it.

Can I get a loan for the down payment / construction costs2.

The only negotiation with the tenant after the judgment is the payment plan for the money owed to you.

So she's just behind in her mortgage and probably has a notice of default or whatever the procedure is in Florida.Your ability to get a loan for the home has nothing to do with her payment history on the home.  

If it is accrual, then when you actually make the payment does not matter.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

He took a 401(k) loan to fund the down payment on a four-unit building in a rapidly appreciating neighborhood.

So I don't want to spend $90K on a down payment and closing costs and only have $25K to fix it up.

Get listed on all the OTA’s and a direct booking site, use good management software like HostAway, use dynamic pricing software like pricelabs, use WiFi enabled smart locks like Schlage encode, use an email capture system for guests to login to WiFi like stayfi, use those captured emails to do marketing for your direct booking site, and automate scheduling and payments for cleaners and maintenance.