However, ask the owner if they need help in staying in the house or preventing a record of foreclosure, cash by pre-foreclosure sale, brining notes current etc. 

And supposedly, you can't even pull criminal history until the tenant is otherwise approved, which is intended to prevent "finding" a reason to deny otherwise.

Just placing this in the ad likely prevents some ex-criminals from applying.

I admire your persistent in working through all the hurdles that could have prevented you from getting the deal.

It has many benefits, but it also helps a lot because you only have to work with a single EIN and can use a single bank account with the correct bookkeeping to operate all your investments, to prevent commingling of your finances.

@Joey Biccum there are laws in some states that prevent price gouging during a natural disaster.

They have legislation preventing using multi-family properties as short-term vacation rentals and they have other regulations about parking, noise levels, etc.

My concerns: -I will not be able to find a duplex/multifamily in specific price range/area -This loan will prevent me from buying more properties.

This will prevent you from going into a deal expecting the property to be in one condition and you later find out its in a much different condition.

Picking a mentor can help you ease the fear and prevent you from making costly mistakes.