@Julian Javier LopezI like the thread that you are started.Few Lenders will reveal how you can negotiate and structure a better deal with them.

What I find frustrating isn’t so much when it’s actually based off a seller’s numbers and took some work to reveal.

My cap expense spreadsheet revealed to me that the 50% rule is too aggressive in lower rent markets and the investor should probably use 60%. 

I would see what the background check reveals.

The loan application revealed some of my information but nothing that they can do anything with. 

Once you get new tenants into the 3br, reveal the same daunting prognosis to them and explain to them that the management of their lease will last until next year through a third-party arrangement although you are of course expected to kick the bucket before then.Should the old tenants contact the new tenants and hear this story, the old tenants may contact you and ask you about it.

A google search isn't revealing many options. 

I'd prefer not to publicly reveal the location but am happy to say it's located in one of best buildings when it comes to amenities in Chicago lolThanks for reading and I'm looking forward to your help.

You've helped them out but not revealed anything on your side that could be misinterpreted or taken advantage of.

I subsequently bailed out of it for those reasons, and also after the inspection revealed far more tenant and owner damage and neglect than I was willing to deal with on my first property.