@Max Householder  thanks  @Patrick Eberle Feel free to reach out directly. 

They have up to 6 people  There are some sell-able items(old record players, sound equipment, sewing machine, fitness equipment,etc.) as well.  2) Would you give them the right to sell any of the household items and reduce the fee or sell them yourself?

Some of those fees can and do vary by household.

https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.htmlAs the economic fallout from the coronavirus pandemic continues, almost one-third of U.S. households, 32%, have not made their full housing payments for July yet, according to a survey by Apartment List, an online rental platform.About 19% of Americans made no housing payment at all during the first week of the month, and 13% paid only a portion of their rent or mortgage.Renters, low-income and younger households were most likely to miss their payments, Apartment List found.

If the property is:In good shape.Applicant can do a conventional or conforming loan.the lowest rates would be from the big house hold name banks.

California law provides pretty clearly that a loan to be used primarily for the purchase, construction or improvement of real property is not regarded as a loan for personal, family or household purposes, which is what qualifies under the statute. 

Let’s see;Market Headwinds :1) High unemployment 2) Rising foreclosures 3) Tighter lending standards 4) Devastating impact on single economy cities (college towns, theme park towns, oil towns, resort towns etc)Market Tailwinds :1) Stable banking system2) Functioning mortgage market 3) New household formations - Millennials 4) Strong lending standards practiced post 2008 crash5) Liquidity Liquidity Liquidity - 6 Trillion printed!

There are some metrics like median household income, median house value, crime rates, and neighborhood unemployment that I do think are very important to stick to, but all of these areas meet the criteria I'm using.

It is completely gutted and has been sprayed white down to the studs(there was a fire at some point and was abated) My understanding was that Fannie may properties were for first time home buyers or low income households to be able to afford a home.

With the exception of risky homeowners where the entire household of income earners lost their jobs, and can't get work before the no-foreclosure policies expire, most will have an opportunity to restructure mortgages.