This form is a bit complicated and should not be attempted to tackle it on your own.

Check on website if yours does.For us Landlords with a business account it is a bit complicated Wells Fargo my bank only allow Zelle transfers into personal accounts.

There are brand new pass through deduction rules that are pretty complicated but can give you a big benefit if you qualify. 

If there is no mortgage on the property, you could give the seller the money to install the septic as a mortgage in the 1st position to protest your money.When dealing with banks, they can complicate things so, the 203k could take some time or not even close the deal.Hope this helps

It gets complicated with this property being that it wasn't purchased as a second home.

It's not complicated, at all.

Its amazing the complications I come across on how the industry is handled. 

It can be complicated to find contractors, managers, invest in a decent area etc.

We want to know the pros and cons; what was easy or hard; were there any bottlenecks or major complications; Do we find 2 or 3 lenders and get prequalified with all of them?

@Nathan Letourneau you've over-complicated it and put yourself at risk.Let's say you increase the rent $750 a month for a year to account for the cost but the tenant pays the entire amount up front.