@Brian Garlington I just reviewed a lease with the clause permitted reasons for eviction “such as non-payment of rent, breach of lease, damaging premises, drug or other illegal activity, disorderly conduct, rehabilitation of unit, landlord or relative occupancy.”In speaking with an agent he too was under the impression a buyer (landlord) could move into the unit they were purchasing, so I’m wondering if there were 4 owners could they all 4 move into a 4-plex and effectively require the tenants (on month to month leases) to move out?

However there are FHA products that allow some limited rehabilitation funds.

@Sarah - I'm primarily hoping to get real-world experience in estimating rehabilitation of a prospective SFH / MFH and/or walking through an in-progress rehab to understand what work is required for that particular deal.

The laws,  including the recently passed washington 'just cause' rules do allow for giving a tenant notice to vacate if you are going to owner occupy,  or for substantial rehabilitation  (meaning necessary work will make home uninhabitable, and typically also means permits must be pulled for some aspect of the work;   paint and carpets doesn't count)   But keep in mind COVID moratorium rules and still in effect  though  (in theory) they are phasing out.    

There are homeless programs that place people after they've been rehabilitated to functional members of society or who just help those who have a combination of bad luck and bad choices but don't have some severe underlying issue, and those often work out just fine. 

For LPs, it’s trusting the GP can manage the process (cost) effectively through the rehabilitation to the sell. 

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would you do this?.

@Ronnie Galindo I am a part of a 5 person team of new build investors and rehabilitation investors out of the Houston area. 

(owner financing) property/contract for the BUYER to rehabilitate the property and leverage the equity with the SELLER?  

I am new at this and have consumed a significant amount of information over the last month or so.When I consider the BRRRR method and use the rental property calculator, the whole process revolves around Hard Money Loan and rehabilitation and renter installed to ultimately refinance.