On my end, I would never purchase a property that won't produce at lease 1k in net cash flow, and it must be in a desirable area that is expected to appreciate.

First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

@Luis Herna if you need any assistance with funding for the emd let me know!

There was enough cash flow that I creatively used a 3rd mortgage to help fund the 20% down on the first two loans.

Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.

I don’t know if they have the funds to get her unit in condition for her, but that was mentioned last time I spoke with them.Thanks for the reply, sorry you have had to do this research for yourself.

For a more personalized approachCatchFire Funding is a specialized provider known for rapid execution tailored to entrepreneurs. 

We have CDs maturing at the end of the year that could fund a new primary residence.Should we:1) Sell it with no Capital Gains tax.

I currently have  1 Business Bank Account that is for Master LLC and stuck on best way to manage cash flow  and flow of funds between account for all master expenses related to my business setup vs and also expenses/ rent related to the properties to ensure that I keep things clean, simple and easy for reporting, taxes.  

However, most lenders have no desire to deal with that which is why they work with experienced and proven investors they are confident will drive the project to its finish.