Generally speaking, I have not seen underwriters look too deep into occupancy concerns related to second home vs investment property since Fannie/Freddie installed new LLPAs a couple years ago that make the pricing for each aligned in most cases.

He does have a couple half siblings, but they are in another country and not in frequent contact with his parents, so from their perspective all they would see is that the parents are living in an investment property that we own, and they are paying rent.  

Just check around to a couple of mortgage brokers. 

.* 25K middle program they give you a couple of properties minor hand holding through their pipeline to keep you happy (maybe if you dont get burned and loose money on the deal) before they disappear* 35K for mastery this is the big upsell they let you in the inner circle like church of scientology your paying to be their friend and they have to funnel you deals that the top guys don't want first so they feed you some deals to keep you happy and hold your hand.

If you are doing major renovations that could change someone's opinion as to the value of the rental, then you should wait until those major renovations are complete.For example, if I were painting and replacing flooring in a couple rooms, then I would advertise now.

For example, at two events in the past week I met: a Dr. couple looking to get into investing, someone with four houses, someone with two duplexes, someone with a title company and 64 doors, someone with a couple apartment buildings and a winery, someone else with a title company and a parking lot striping company.

Materials won’t be that much a couple hundred maybe.  

We haven't closed on the home but the home had couple of engineering problems that the builder has identified during the construction phase and have advised that they are going to provide disclosures for the same.

They shouldn't have to fill that out twice.The intro letter should provide all your contact info, maybe a couple of your business cards so they can stick one on their fridge.

When you have value to offer right away you make better connections with buyers and you need help finding a buyer you can partner on your first couple of deals with a seasoned wholesaler.