Confusion and misremembering the history of a note.  

I don't have her credit score, eviction history (just WOM form her landlords - all good things to say about her), or criminal history that you would normally get from a background check.

Yes, you will need 2 years of employment history and be employed at the time of application for an FHA loan.

Loss History (see if you can get at least 5 years from the current owner) Ask them for "Loss Runs"5.

It is spread out around the city with strong history of cash flow.

Verifying last 2 years of rental history very important!

I think these details definitely cement the viability of a fix-and-flip product - given your history / plan for the project, it could look like a 10% down situation if that's reasonable for you financially.

However, like @Ellis San Jose mentioned above, you will command more $$$ for your property if it is delivered vacant (unless you are getting top market rent for that unit).If you do sell with tenants, be prepared when the prospective buyer requests rent rolls, estoppel certificates, rent history, existing leases, rent due dates, security deposits, and any other written or verbal agreements.

All you need is a single place to track tenant information, payment history, maintenance, and a few other things.

Goal: Build a passive income from rentals that will allow my husband, my daughter, and myself to live on mission for Jesus Christ.