We didn’t even get close to where we needed to be to be profitable and closed down after a large financial loss just 2 years later.

These particular loans were 2nd mtg loans for home improvements, from a large bank/S&L.

The questions agents get from buyers and sellers may seem basic and even downright silly at times but that makes sense.I could try to fix my car myself but there's a large upfront cost of learning the relevant knowledge, buying tools/parts to make the repair, and the time spent in trial in error.

Would it be cheaper to buy supplies and pay contractor hourly or allow contractor to do it all and pay large lump sum ? 

This year, I sold 3 of my rental properties (one has a large capital, one at a loss (because I bought it at the top of the market), and the other one breaks even).

I am one of the few that has made a living doing sub 75k loans we just do ALOT of them As for Development I have funded entitlement projects in Orlando  and Atlanta and currently doing 3 in Virginia just a few minutes East of Dulles these are high end REsi projects pre sold to Toll  and one to a large regional.

The compensation amount must be written in an object format (i.e. percentage of purchase price or flat fee) and not be open-ended.

Fiduciary responsibility could be in question if a deal closed and the apparent goal is proposed by some legal team that it was mostly done to not lose a large nonrefundable earnest money and/or to get a quick pop of ca$h on an Acquisition Fee.

I've not looked at what I could get for rent ahead of time, like you have, but it's a large apartment with 1 bedroom, 2 other rooms (office plus bonus room, etc) plus a brand new open concept kitchen, with its own separate entrance and garage access. 

We are aware that the yard is large enough to accommodate additional dwellings according to local building codes.We are seeking advice on whether there might be any issues with building additional dwellings given our current loan.