So if I'm understanding you correctly, it should, but it's not guaranteed.

Ask for their definition of each of the class types to see if they understand the differences and nuances of managing each.  

I understand what the standard down payment percentages are for jumbo loans for a given credit score, but does anyone have any insight or advice on who or what I should consider next?

NO is part of the proper tenant training process.From this point forward tell them no to everything and make sure they CLEARLY understand they are not to change, add or remove anything with out your explicate permission.

There are in fact a lot of unknowns with the project, I just don't understand that if the items are already padded for his profit, why is there a % as well?

I would also like to self manage for the first while if for nothing else than to understand it better. 

This community is a great way to learn and understand all aspects of REI.  

My understanding is that I also can not set as a criteria that someone has experience with landscaping, or something like that. 

Jason DiClemente so if I understand the monthly interest payments are roped into the loan amount?

Obviously, I understand I'd be looking at selling at a steep discount.