Ok at a reiclub meeting I spoke with someone and he brought up the idea of Control without ownership while going to landlords offering them 5 year NO vacancy lease.

I would absolutely follow up with @Zach Mitchell as well who so kindly offered to look at your property and who might have a referral or two to suggest.The fact that they brought out the "we have doctors and lawyers..." line is a huge red flag to me.

They brought experience to the table in lieu of funds, but they still had the reserves and income needed to qualify for the loan.

After I brought it up, I haven't seen it happen again.  

You brought up an excellent point.

I brought a 4 bedroom home in Portsmouth in July and I am also house hacking.

I brought my team of agents..

Jonathan Watson I worked with Jennifer Burnaz at LCL Realty when she brought me tenants on a contigency basis.

Here are the costs to address the issues uncovered by these experts: 1.Wood floor and wall in the middle unit: $44,000 + tax + $2,800 for permit, but engineer report is needed for a formal quote.2.Roof above the middle unit: $8,000 + tax + $800 for permit + ply wood;3.Sewer line outside the building (see estimate): $7,365 total;4.Sewer line inside the building (see estimate): $21,663 total;The total cost plus 10% contingency is equal to $100,000 in repairs that I cannot afford to pay and still be able to fulfill my obligations to you and to the tenants that will have to be displaced for the duration of repairs.In addition, the appraisal came in at $275,000 that is considerably below the $340,000 number.Proposed solution: You will complete all the electrical repairs and ensure all three units are brought up to current code including the outlets.You will have the stucco repaired on the exterior that was damaged by the electrical proof.

I brought a contractor out yesterday and better understand the condition of the house, so funding is now my next hurdle.