Red flags are going up in my head because I'm wondering if the tenant is trying to use her health issues as a reason to not pay rent due to the flooring not yet being installed.

I personally really like using the condo  for str as opposed to a SFH because I can offer more amenities (hot tub, pool, sauna, laundry, picnic area, etc)  without having to personally maintain any of those things.

If you go SFR same thing, keep a health 5 figure amount set aside.

It's impacting my mental health.

I believe he means well (He’s had mental and physical health challenges , which is why Mom was inclined to do this in the first place —  but he is taking unfair advantage and has a history of doing so — including stealing $ and personal property from her). 

thanks for keeping us all in the loop of your progress. i'm also a wholesaling newbie (and also in health care!). 

If you are new to real estate investing and this is your first LLC, there will be no credit history for the LLC and your loan qualification will almost entirely be based on your personal financial health and credit history.

If he is living in it HML generally will not make owner occ loans because of licensing and dodd frank issues. and then your conventional lenders number one thing is fico. this is a friends and family loan.. you need to loan him the money.. you take the risk. but generally speaking to have both parties with crappy credit unless its a health issue.. is simply an indication of someone with challenges prioritizing the realities of life..

Any materials: Lumber, plumbing, fixtures, cabinets, lights, tubs, etc.One source I have to share are Habitat For Humanity stores: https://www.habitat.org/restoresYou won't find inventory online so you have to stop in, but they have a very large stock of discounted donated materials.

Other income from your job could possibly go into a Health Savings Plan, Educational Savings Account, 529 plan etc.