I know for a fact that Chase has an internal condo approval process for all loans being sold/brokered to them. https://selling-guide.fanniemae.com/sel/b7-3-03/master-prope...For FHA, the guidelines are FHA 4000.1.Also, this: https://www.hud.gov/press/press_releases_media_advisories/hu...Long story short, condos are becoming increasingly difficult to finance.

Right now, you are thinking of yourself and how to get you ahead and not stepping back and looking holistically at the process.

If the property is vacant, most lenders will use the rent schedule that the appraiser will prepare as part of the appraisal process.

Specific Questions.With a long term one year lease term, with month to month terms after, how difficult is the process to "force" the Tennent out if needed to move into the property as our primary residence.  

It can be complicated at times, but breaking the overall process down in to smaller pieces and taking them on one at time definitely simplifies the process.

@Timothy BlackmanI'm in the process of getting a pre-qualification.

We are in the process of buying a second home in San Antonio/TX and are really interested financing it with an in the All in One Loan but the loan officer tells us we can not deed it into an LLC and could only purchase it in an "Inter Vivos Revocable Trust”.

I would consider the jurisdiction you are in and the nearby existing development to gauge how this process may be. 

Jerrell,That would be a pretty simple process you could use a renovation loan or do a cash out refinance. 

That being said, here’s what I would recommend for a thorough DD process:-Build a plan in advance (setup a spreadsheet, meet with the team, etc)-be prepared to take a lot of pictures -document notes with each room (we use notes on Apple and share it with the team)-align the team on standardizing information (example: what does “bad” mean, what does “okay” mean, etc - everyone looks at things differently and you want to make sure the notes are accurate during your debrief)-bring in professionals for things you can see, like sewer lines hope this short list helps!