@Andrew Johnson of course, I forgot  to mention that I already have a handful of happy investors who’ve been with me for 3-4 years...

Water damage on the side of the bathroom vanity (same bathroom as mentioned in #6.) 8.

Someone on here mentioned a clause for them , but I have no idea how to word it.

The first as mentioned above -- equity add through the principle portion of the loan payment -- and I am also sending some extra payments to the first position loan as an extra equity insurance policy and pay off my primary residence faster.

So you mentioned that "if it is an FHA backed property, they have the option of giving it to HUD, VA to the VA, etc.

@Alex Deacon I did forget to mention that my work schedule is extremely flexible and i have given myself a 6 week time table to complete the work.

Meaning, building it from ground floor up (there is a VA renovation loan...but as mentioned above, very rare to find it). 

In face, based on the scenario above, I would think Fannie/Freddie are your easiest options (not to mention least costly).- FHA: I would think this would be the hardest option for you to use.

You mentioned you have new tenants moving in next week.

Similar thoughts to what everyone above mentioned, it is doubtful any legitimate lender will take a junior lien position.