You have a bunch of requirements to fulfill, but it’s a great way to get cash for properties in an LLC or Trust.

What are the areas with high concentration of blue collar workers to fulfill the above-referenced projects? 

There are decades of societal brainwashing in your personal past telling you that you, in your "family future," need to live in "your space" that "inspires" you, a house that you "feel good coming home to" that is obviously going to be at "a different price point." 

Thus fulfilling my lifestyle design credentials on wanting to live in an area I like. 

That's one way to survive a total economic and societal collapse.

I would contend to you his credit probably hasn't changed, and as you have additional deposit, this should probably carry you through to see if he intends to fulfill his side of the bargain. 

I would consult with an attorney in your area with a consultation but since she has not fulfilled her end of the deal I doubt she will have any legal recourse.

Beyond that there may be some state/local requirements that you have to fulfill to get the tenants out.  

But my loathing for institutions like Deutschbank, BNP, Société Générale, Credit Suisse...that's of a different order, because I'm Greek-American.

Thank you for the feedback.I am very excited to begin a long and fulfilling career in Real Estate.