Depends on the work required.After I did the first "owner held" deal there was a learning curve, things to iron out are the agreements, making sure you can secure the deal (deeds in escrow, hint, hint) so they can't back out, solid numbers on payoff, closing costs, accrued interest/payments to carry and who pays, materials and labor, power of attorney if needed, insurance and commissions if any.

Once they dig themselves into a financial hole, those late fees accrue and never seem to go away.

The late fees will continue to accrue until you receive the proper amount.We do not accept partial payments, which is exactly what this it.

The "Texas Ratio".Texas Ratio = (Non Accruing Loans - Government Sponsored Non Accruing Loans + REO) / (TCE (Tangible Common Equity+ Loan Loss Reserves)Texas ratio is a calculation on all banks performed by the FDIC as one of many metrics for a depository bank's health.  

You are obligated to pay rent during the 30-day period for any amount that might accrue during that period.

I am hoping to accrue at least 10 single family or multi-unit rental properties by the time I retire in 2025 and am mainly here to get educated and grow my business.

A) Think of it as her money and let it accrue in a Roth IRA for her.     

Also, the $100k or so you haven't drawn yet Is accruing interest as it has been funded into your lender's possession, it doesn't matter that you haven't completed the work to receive the draw. 

Interest, if any, begins accruing immediately.

The cash flow will be deposited into a bank account where it will accrue monthly and will be untouched.