As investors we want to maximize revenue but to your point that still requires applying common sense and basic ethical principles.

You aren't required to offer a loan mod prior to foreclosure.

A land loan for 'raw' land will require a 50% down payment and high APR as you know.

My latest blog - linked here  "UNDERSTANDING FLORIDA'S EVICTION PROCESS AND LAWS"  provides a comprehensive guide to understanding the legal requirements, timelines, and steps involved with Evictions in Florida.

Worst case scenario, if that doesn't work, I can simply do fertilizer applications and landscape lighting as they don't require much labor.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

A lot of cities require you to get a work comp policy if you are an owner builder unless you hire all people with their own policies.

I personally wouldnt - I am sure you could use the equity to get more than $600/month in cash flow however that would possibly require some work and risk on yalls end.

I ended up taking a different path.Also keep in mind some brokerages will require you to pick one or the other.  

My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.