The public has no way of knowing this is occurring until later notices document and prove it.b) Once thats up  the borrower sends a Notice of Default and Intent to Accelerate giving 20 days for the borrower to pay the entire amount owed (cure the default).

if you're W2 and full-time, hourly or salary, you should be able to go off your pay stubs for qualifying.

Licensed with permits ~$3,250.HWT standard gas single family low efficiency without exhaust retrofit $900.Sand and stain hardwood floors, natural stain $3 per sf.Paint interior walls, ceiling trim and doors 3 tone paint scheme 2 coats $3.20 per sf (floor area cost includes paint)Click lock LVT flooring install overlay inclusive of prep and quarter round $4.50 per sf (materials and labor)Asphalt roof installation 3/1 - 800 sf bungalow with 2 layers of shingles - ~$7,900Standard porch cap replacement with 2 new precast concrete steps ~$2,500Used stove or refrigerator delivery and install $350New stove or refrigerator delivery and install $HD model specificUse this as a general guideline. 

Ran the numbers through two different spreadsheets and am very aware of how much we'll pay to the PM.

Push through it, you may even need to have a second, consistent paying job and thats OK, until you get established.

The reason I say this is that with a 5+ unit a lender will evaluate based on NOI and a cap rate, so adding a 5th unit COULD (or could not) substantially increase the value of the building and make it worthwhile to refinance and pay off the existing loan (that is tied to the "old" quad) anyway.

How much is this individual paying to park a trailer there?

Attend in person, bid, if you win you have to pay right then via a cashiers check.

They pay their bills on time and make good tenants.

Pro - Someone else does the work for you.Con - You have to pay someone else to do the work for you.