It's always "there was a mess up on the payroll checks at work and it's delayed" or "I'm waiting for X date to get some big check".....things that don't usually happen to people as often as the tenats would like you to believe.

Otherwise, if you take the whole expense, anything else that comes up might be seen by the tenant as "that's the landlord's problem, I'm not worried about it if it gets worse."

We can migrate somewhere else. plenty places right in that area

what else should I be looking for?

And how else can we finance this?

That assumes nothing else goes wrong during that time.

Then again where else can you get 10:1 leverage from a conventional source (with out seller financing to aid)?

Then defining who has done what and how balanced or equal the work has been done becomes another mess.

However each bank may vary especially local banks and portfolio lenders who do not sell but rather retain the paper they write.A person may go with option B because the the cost of funds to float this project from their "private lender," might be 12% while with a conventional lender's costs they are 5.625% 30 year fixed so you save the 637.5 basis point spread between the rates each month assuming all else equal.

Like anything else nature responds to effort with correlating results.