I am taking back a second lien on a property undergoing renovation.

Our lender informed us that in order to qualify for a conventional loan, the property needs to undergo all repairs outlined in our purchase agreement in order for be appraised as 'Average' ( appraiser stipulated that the repairs requested in our contract would satisfy the necessary items to bring the property up to Average Condition).

I guess everyone agrees that is a big fat no.

I've got a unique project and hope for some feedback:A client of mine is trying to figure out what to do with some land in Loudonville Ohio (Ashland County OH) that is currently undergoing environmental remediation (undertaken by the previous owners).  

Thankfully some other deal will hopefully make up for that but I can't tell you how many deals have collapsed at the 11th hour through no fault of my own over the years and for me to get a fat $0 in earnings.

IF the occupant is financially strong, you use an LMLO,  the price is market and DTI works out and you do a good job of creating a fat folder.  

I fat fingered my zip code when signing up for BP, and now temporarily stuck with it

Once I get that one done overall cashflow will be fat.

Occupant profile: two older ladies on SS, one with mental disability and another with cancer undergoing radiation treatment.

Agree with Frank PatinoI would consider using my investments to pay off bad debt- Plus if the property is building equity from paying down the loan and increasing in value by the time you do retire the account you have now should be a fat little piggy bank.