The above question seems to imply one of a few problems. 

It is a business, to run your business successfully you need data, to have a valid, relevant actionable point of discussion when interacting with your PM you need data, and live data makes for better transparency, this builds more trust which leads to stronger relationship, and better synergy in making strategic and tactical business moves that are beneficial to both parties.The fact that I asked this question, does not imply I'm worried that my PM is not doing a great job.

So.. take-away is if an agent implies house hacking can't be done, go find one who's willing to get on board with your vision!! 

(Don't imply they have wasted the money elsewhere,  even if there is a brand new car in the driveway,  etc)   This all needs to be documented so do it in something like an email chain making sure to identify their full name, the property,  and reference important lease terms like the effective date, deposit amount, rent amount,  how much they are behind, etc.  

I looked it up and it seems like, at least at the federal level, the only restriction is that you can't directly charge more through pet rent or an extra deposit, which implies you can still require insurance, I think?

If you (by way of private lender) are bringing the 20% down payment that implies you're financing the other 80% via a bank?

They push the new agent to go to conventions where they can be sold all kind of wares.If you want to see courses from some real estate trainers often on Ebay or other platforms they have systems for sale pennies on the dollars.

Make sure that is a viable option before banking on it.You imply that your parents will be taking $20K from the sale proceeds to finish off the basement.

I was comparing my checklist with the sales and purchase agreement currently being negotiated and realized it was not implied which is where the question arised from. https://www.partneresi.com/sites/default/files/partner-commercial-real-estate-due-diligence-checklist.pdfhttps://www.youtube.com/watch?

Since I take it you aren't interested in the property as an investment, it implies you're more interested in getting feedback on your process.I'm only an aspiring investor, not an experienced one, so take what I say with a grain of salt.