Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.

Ignore the $1,250 per month because that's your cost of housing, if you didn't pay that on the home you'd have paid that in rent so that's a non factor. 

Has anybody dealt with Investors Edge and gotten 100% financing after paying $3995 membership fee?

Grow wide first, then deep (pay off)- your little expenses add up fast

I had a nice conversation with them and approved their booking for Aug 2025.So, it pays to keep an eye out for a repeat booking that looks fake as they could just not be seeing you responses. 

You may want to pay an appraiser to determine the value at the time of inheritence.

Homebuyers will always pay more than a REIT type investor.  

Then invest the $10k in something that pays more than the interest you’re paying on the HELOC.  

That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.

Step 2- close and start rehab-- would need to pay holding cost during rehab?