I also recommend reading PTA's guide for tenants: https://ptla.org/eviction

It is that rationale that has guided my thoughts on what I think is and will continue to happen with multifamily.Specifically, I think for most distressed properties, the banks are actually going to hold the property.

I currently live in Charleston and am a fishing guide by trade so I have a good base understanding of how water moves through salt marsh areas, but it'd make me feel a lot better about this purchase if I could have an expert look at it.

My suggestion is to do your due diligence a bit more and understand all the #'s that go into the underwriting, and find a market that is known for cash flow, and then find an investor friendly agent in that market to help guide you further. 

I'd attend your local REIAs if you're looking for an in-person mentor to guide you.

I recommend "Every Landlord's Legal Guide" by NOLO.

You just make sure you start advertising early enough -- usually for us about 1.5 months before the tenant will leave.If you're looking for MTR resources, @Erin Spradlin's books are great -- Erin's Guide to Midterm Rentals, American Nomads, and My First Rental Workbook: Midterm Edition.

This has been a topic on my podcast Investors' Guide to Memphis Real Estate where I talk about how I personally invest in Memphis. 

I'm not sure what capacity you want to learn whether it is for development or other uses but this is a quick guide I found that would help that's pretty official it's a little outdated but just like any development experience and knowledge helps.

Fannie Mae does have a loophole (taken directly from the Fannie Mae Selling Guide:"In order for non-mortgage and mortgage debt to be excluded from the debt-to-income (DTI) ratio, the other party has to pay the complete monthly obligation every month for a minimum of 12 months (and the other party cannot be an interested party for non-mortgage debt).