Even in low end rentals, we only recommend 100% complete ceramic tile walk-in showers or cast iron/porcelain tubs with ceramic tile surrounds, and, depending on the property and the Owner preference, either a copper or membrane actual shower pan.

If you are saying they are too close to a hard money lender in terms of pricing I beleive what you are saying is they are the cheapest hard money debt you have been able to find :)  Ironically Spring Garden Lending came into existence when Univest acquired VG Bank many years ago.

Character would be various molding and trim items, leaded glass windows, cast iron tubs, tray ceilings, etc., not floors that have become uneven over the years due to moisture or settling of the house.

Yeah, she "settled" for an Iron Dog champion who's been featured in Esquire magazine.

As far as plumbing, if the drain lines have been updated, that's a huge bonus, as old galvanized pipes and cast iron leak and are a pain to fix.

Ironically, for someone who doesn't trust financial advice, you seemingly have no problem providing it yourself. 

Which is ironic because, I doubled my money in six months, and she spent all hers.

This is ~15% of appraised value (for the $15k, $20k, and $40k properties) and ~30% for the $60k property (which is ironically $100k lower appraised value and the 2nd most highly valued behind the $40k min bid property).  

I think it is ironic that I would be better off (in the bank's eyes) borrowing more money than using my own funds; especially since after closing I would have three times their required reserves.      

This is a new situation for us and we just want to make sure we iron out as much as we can ahead of time in case these situations come up.