I think the bottom line is that he played fast and loose with our money.

I also noticed some loose tiles during that visit, which reminded me to buy extra replacements now in case the style gets discontinued.

LWO opens one to all the downsides of tenant laws, and you loose uncapped earning potential because sold a purchase option on it capping self. 

Or do the band aid solution and replace a few loose boards and posts for $945?

Compared to conventional, where you get partial credit for rental income but are still bound by personal DTI, DSCR shifts the test to whether the property itself can carry the debt.The mindset change is big.

When you mix money and emotions there are bound to be problems.

I just keep driving the LOANS (notes) and sure, I do some business, I kinda try, kinda, but yeah, it's bleeding $ like crazy, loosing millions every month on the biz side of things but hey LOANS (notes) keep coming in so it's all good. 

I would rather NOT flip than loose money or work and sweat while everyone else makes money.

I would deeply appreciate any advice or next steps you can provide to help me handle this situation properly and within legal bounds. 

Now it’s your turn to loose money.