While the details are too long for a post, I wanted to see if anyone would be interested or willing to give me some feedback on the actual structure. 

(Example: from the time the county issued our D.O. to the time the actual building permit was issued, was about 90 days). 

We've seen this soooo many times in our Detroit market:(Have actually had owners choose not to do business with us because their previous PMC didn't require it - so, they thought we were the incompetent ones.Have also seen incompetent PMCs wiring funds internationally to owners - and these owners not having an ITIN, EIN or SSN!

All this is, is a back of the envelope quick tool that gives you a very broad idea of whether or not an investment is actually worth looking further into.

When in fact its in default and the broker or GP is actually making the payments. 

When I subsequently asked the tenant over the phone how many cats she had she said four, which is likely half the number she actually has, but is still a lease violation.At this point I feel like it’s pointless to even ask if the cats are neutered (and therefore less likely to spray urine on walls) because clearly she is willing to lie to me and her attitude seems to be that she makes the rules not me or the lease.

Has the borrower actually received anything?

While other banks will allow 10 on credit and then allow you to switch to a DSCR or actual portfolio loan to free up credit.

I can’t believe how stupid I was to actually think that because I owned the house outright the town would never sell it on me.

I'm happy to share my inventory sheet with you as well if you actually need a property right now.