No (institutional) lender will finance 100% of your purchase price as a purchase, all lenders want "skin in the game".

For example I know many who are now just lending because they are getting 10-12% short term which is far better than any cap rate on real estate. you do not have the equity upside as you do real estate but its a way to play the short game to see what happens over the next 12-24 months and decide when you want to buy.

Who is your favorite lender to work with?

Personally, my favorite way of sourcing deals is building relationships with brokers and nurturing those relationships by checking in consistently.

The amount of downpayment requirement insures buyers having "skin in the game". 

House hacking in Chicago can be a game-changer—letting you live for free (or close to it) while building wealth through real estate.

What I’ve found to be a game-changer is building anticipation before a vacancy even happens.

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

2) Many flat fee PMC's charge whether property vacant or occupied, tenant paying or not.Lots of games also played with Maintenance fees.

She will probably game the system for the next 6-12 months, but that's what you get buying a property with a non-paying tenant in place, in an anti-landlord city.