He will still pay tax on the gains, but it will be broken out over the course of the loan and he'll only pay tax on the gains received that year. 

The only reason this is an issue is because vacant properties are much more likely to get vandalized, broken into, and other general nonsense. 

Looking for SFR investment in Tulsa, Broken arrow area. 

. - All existing homes, decks, and accessory structures must be painted an approved color- All trailers must have metal skirting- No broken glass, etc.You can probably visit other parks to research what rules they use to keep the park nice.

Its not like he was a great tenant, house was trashed, broken furniture left, fleas, still treating to kill them this week. 

What are the most common things that get broken in a rental property?

Are things broken?

Regarding lenders, see the following report for a list of lenders originating 203k loans, broken down by state and total volume:https://apps.hud.gov/pub/chums/f17fvc/F17FVCY-20200701.txtLooks like the top lender is "Primary Residential Mortgage" but that there are a number of big players in the Baltimore area.

If I have had a tenant for more than 2 years, I generally don't worry about broken leases especially if they leave it clean.

I do this because an issue like a blown heating unit, major roof leak or broken pipe can easily run you a few thousand in some cases.