Admittedly, I haven't seen your partners credit so I don't know what types of things are on their but that credit score itself is completely fine.Also, you don't have to wait 2 months if money is in a business bank account. 

Completely distinguishing Section 8 rental assistance as something other than an income source.  

They will look to have you open a depository account, but it's a pleasure to deal directly with the decision makers.You'll refinance the construction loan upon completion.

I've had 4 clients fail to complete exchanges this year to date. 

In many cases if you completely knocked something down, you wouldnt be able to rebuild as codes, setbacks etc have changed over the years. 

I didn't mean to imply that there would be.I agree completely that the lightbulbs, etc are totally on the tenant.I just don't want to get Work Orders for every ding they find in a wall.

@Kim Hopkins I completely agree with @Priyanshu AdathakkarIf anyone else wasn't cutting it in their work - it's simple... they'd get fired.

However, I feel completely stuck. 

Obviously they can short sale and walk away, but I've heard that lately it is becoming more and more difficult to get a "complete release" of all debt obligations.

We signed up for the lawyer that would work on a trust for us and provide the completed document after we returned home.