They just need a place to sleep, cook their food and do their laundry. 

That being said it is possible to get a line of credit against provided there is sufficient equity. 

Only problem was that his numbers didn’t account for management, capex and sufficient maintenance costs (note, there is a big difference between looking at the prior year’s maintenance expenses versus an average year’s expenses – especially when the property is about to be sold!).

I verify their income is sufficient to pay the bills.

It would only be 2 bedrooms, 1 bath, and sleep about 4-6 people.

I was doing some reading last night when I couldn't sleep.

It was a rush almost like a high to finally not be the one making someone else rich while they slept, but it was finally my turn to sleep in peace and have others make me money now.

For investments that are relatively static and singular in nature - shares of a private placement for example - the services of a self-directed IRA custodian can be sufficient. 

3. is listing agent's declaration of service to tenant alone be sufficient evidence to win an eviction trial?

There are no rules that a borrower gets a loan mod for the asking...or that all borrowers are eligible for a loan mod but, if a lender offers a loan mod as an option, and IF a borrower IS eligible, there are rules that prohibit the lender from not offering one.For a loan modification to be considered, there needs to be documentable income sufficient to service the debt at a subsidized rate/term.