In the future you could add in penalties for being late and possibly a bonus for being early.

Quote from @Jimmy Jeter: Need some help to finish our house. 

It may be too late.

You can finish it and consider it sq footage, but may not be able to adverise as bedrooms.

I'd work out some kind of deal and finish it off.

Congrats on getting across the finish line! 

.: Quote from @Patrick Roberts: For the late payments, contact the servicer that reported them late and ask them to remove the late payments from their reporting (after explaining, etc).

And given their recent late payment history, I don’t know that they’d qualify with another lender. 

And if you go under contract as an individual, can you then JV with another investor or is it too late?

The 5% of the remaining balance late payment fee is a little much IMO.