I also come from a family in construction so fix and flip is definitely something I would be interested in.

I currently have a first lien note, a loan to a construction company, and equity share in a few properties.

It’s a calculator that has a library of pre-configured financial (and other) calculations that are categorized into groups:Real Estate (Property Calculator, Mortgage, Gross Rent Multiplier, Cap Rate)Business (Depreciation, Breakeven)Finance (Time value of money, Commercial Leases, Loans, Cash Flows, Auto Lease)Investments (Bonds, ROI, 401k, IRA)Construction (Drywall estimator, crown molding angles, stairs)Conversions (Date, area, length)There are many more templates available in the app than what I have listed above.

My municipality is demanding changes which, in essence, is turning my project into a new construction project and I am going broke with two mortgages and no tenants. 

We have two young men who are our only candidates at this point, and one of them is a construction worker who smokes.

He will/should ask you to share your short- and long-term goals with him so he can help you construct a plan that will enable you to achieve your short-term goals and reap benefits from those goals that will provide you with the proceeds and resources needed to pursue and achieve your long-term goals.

Look up "constructive eviction."

2015 LOW INCOME HOUSING APARTMENT CAPITALIZATION RATE: 10.0% The Appraisal District is giving public notice of the capitalization rate to be used each year to appraise property receiving an exemption under Section 11.1825 of the Property Tax Code for Organizations Constructing or Rehabilitating Low-Income Housing: Property Not Previously Exempt.

Susan Winderman my bank offers a construction loan for investors, it's a conventional loan it includes rehab costs as well.

Specializing in Residential, New Construction, Commercial, Investments, Foreclosures, REO's and Short Sales.