Like I said, I'm in the "sell" camp for numerous reasons but the information I'm requesting could have me (and, perhaps others) alter it in some way.

What if I took the CRA Purchase Agreement to a Lawyer and altered it to fit my needs?

Are there any restrictions on making alterations or improvements to the property?

Per city code, I had to have a structural engineer come out and give specifics on what type and how many boards were needed to fully support the altered structure.

Your risk management is exercised by acquiring your investment at a price point that gives you the financial flexibility to alter your selling/rental price point such that you can deal with risk events - this essentially allows you to accept the risk in the event it is realized.

Keep in mind that most of the time payments are made to a loan servicer and not the true lenderThe forms on loans are boiler plate and cannot be altered. 

Does your lease address alterations/repairs?  

Some of the things you need to insure:- Liability (I recommend maxing this - $500,000 is max in most of our carriers but some go to $1mm)- Medical Payments (Pays w/out determining fault - most carriers will max out at $5,000 but some go higher) - Building (may be under Improvements & Betterments or Additions & Alterations). 

They'll request 3x more docs, pull credit in the beginning and at the end, then report on credit and alter your dti.

I have a few other complications that may alter what can be done.