If you still want to consider them, I would explain to them that they barely qualified and you need documented proof that they can still qualify for the rental with Workers Comp.

WS, if she could, would choke F with he bare hands.

Then after time/improvements, do cash out refinances on the residentials, pay back the line of credit and repeat.Line of credit on bare land is a pretty tall order  but i guess if you have 10 million in their bank they would probalby do it. 

On the other side, the property manager and realtor who are at the Area B are easier to reach and you feel like there is a connection there.

And the case is barely getting started.

So questions are, something of this size to renovate and ready to sell baring no need for severe fixing would be around 60K range?

You're not going for a deep sanding to bare wood.You need an oil-based primer like Kilz Original to start with after the scuff sanding.

TL:DR 8% pref with 70/30 split is the most common but there are endless possibilities of how to structure cashflow in a deal, it's all about what the market will bare and what you can negotiate!

Hudhomestore is fairly bare of inventory around here.

While I don't think there's a whole lot of risk in a structured settlement, a 2.79% IRR barely keeps pace with the inflation rate in the US.