A temp solution is a sewer tape that looks like a ribbon of steel,,,,poked thru trouble area and rotated so the sharp edge of the ribbon cuts the gunk off the walls as it snaps over in the rotation. 

If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

Tom,We used Advanta and the transfer from Scottrade was totally seamless.  

Certified funds by wire transfer, due diligence in why he's wants to pay up front, good background checks...

Thanks to things like internet and google earth it is easy and even my buyers don't visit before much of the time.Starting with land is a great way to learn about real estate, transferring properties, building a portfolio, buyer's lists, etc.

You, via your PM, told him he could build it so I assume some of that liability transfers to you.  

I had an artsy client who would put up frameless  mirrors and then double sticky tape the perimeter and stick on tiles, wood , bottle caps.... whatever to make her own frame...  

I saw a video on here where the dad was reading a book about his rehab to his children.I think it would be fun to have some books that talk about rehab and other real estate concepts,  with more advice and instruction to young adults.My granddaughter loves Bob the Builder and has "helped" me on a few house projects. mostly spackling and painting, (she is 4 lol)I think a pop up book with before and after pics of houses, a tape measure that can be pulled out to measure stuff, a piece of pretend sand paper to "sand" a rough spackling job ect. 

Save yourself the stress / possible future agony and do it to code."4) Lastly, if you start making alterations, I don't advise using Duct Tape.

I just transferred all (except apartment complex) of my insurance to USAA and saved $6,415.