he will guide to to the deal RE deal as that is what will generally grade out your ROI.  

Figure out what kind/price property you want to to look at then ask a local lender who to make that work.

Would an electrician be a good person to talk to to determine if it meets legal requirements for renting?

Better than an amateur evaluating a place and guessing what's wrong, not likely to miss something big after training, but really not qualified to tell you if X property is likely to make steady money as a rental after you fix what's obviously wrong or Y property is just going to be a total money pit.It's not like you and the roofing inspector/public adjustor space, where you go toe-to-toe against the insurance companies for real money.

The entire reason for the due on sale clause is just so the banks know to whom they are loaning the money to. To

If I were to to it over, I wouldn't buy a house that old. 

Myself, Father, and Brother in law want to to begin buying rental properties and possibly a few fix and flips. 

Here is what Pace or anybody else doesn't tell you:Using Subject To, to Get "Free" Properties https://www.biggerpockets.com/forums/311/topics/1060320-using-subject-to-to-get-free-properties-a-quick-guideline 

I also don't get involved with Buyers as the contract language and specifics should be reviewed by an attorney Absolutely, I would never recommend a subject to to a client (or at least not unless under very, very unique circumstances and lots of disclosures).

My father recently passed away with all of his assets in trust to to be divided equally between his three children.