Always keep in mind the alternative, the bank has no duty to sell for less than what the open market will bare for the asset.

Weeks later found another buyer, barely qualified, a pain to work with, does not respond half the time, red flags all over, seller is motivated.

They'll likely take the easiest / cheapest way out and just do the bare minimum and slap lipstick on a pig to get the deal done.

Son n law is SOL.  I

It sounds pretty basic and bare bones to do MTR in Phoenix versus what else is most likely out there.

Quote from @Sam Lewis: I understand the benefits behind hard money lending, its guarenteed return from your cash... however, what cases would a hard money lender trust someone they don't know/barely know?

Along the same lines, the buyer who can barely qualify for the entry level SFH is acutely aware of their cash shortage and therefore are going to be less accepting of household features near the end of their useful life, even if still functional and have a stronger desire for anything that is listed as a deficiency on the inspection report to be corrected. 

Utilities will need to be in your name, and you will want to provide strong wireless internet, as well as some sort of basic streaming service like Netflix at a bare minimum for entertainment purposes. 

Then in the late 2010's a lot of owners got wise and started to do the bare minimum to pass section 8 standards and still request the top end of the section 8 rents.

Keep in mind if approved, you will only be able to turn on once for a max 72 hours so coordinate the appraiser if applicableYou bare all the costs of turn on and turn off costs with the utility companies.