I’m happy to assist you and your wife find a place and securing financing.

Through efficient negotiations, we secured the property for $162,000 on favorable terms.

I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). 

Efficient negotiations secured the property for $154,000 on favorable terms.

Through efficient negotiations, we secured the property for $155,000 on favorable terms.

Efficient negotiations secured the property for $120,000 on favorable terms.

Your goals need to align with whoever your potential investors are.I would schedule a call with a securities attorney, such as @Kim Lisa Taylor to walk through your structure, returns, and business plan, especially if this is your first syndication.There will be demand for your type of deal, especially investors who want a flight to quality in this part of the market cycleGino

Even retirees get raises to their Social Security and usually pensions as well. 

That article references California.2nd, I believe it's a misinterpretation of the new California security deposit law which limits security deposits to 1 months rent.

Adding to the last point, ensure the new debt does not negatively impact your father's DSCR or other financial ratios in a way that might make it harder to secure the next loan.