But you do have to be able to demonstrate your investment intent before converting it into your primary officially.

I made it abundantly clear verbally and in writing that I need receipts and invoices for work completed, because it was to be applied against a tenant security deposit. 

Therefore I need to close the deal, then own the business for 90 days to secure long term financing.The home is currently cashflowing ~$10k/mo. 

I assume it's the "Friends of BP" group since there's nothing really other than official stuff on the BP page.

Thanks for your response.If current owner has no security deposits in escrow am I allowed to require deposits or renters insurance upon closing the sale?

I wrote in the final Move Out Condition Report all the same areas, and at the end stated “$550 is deducted from $XXXX security deposit for cleaning of the living room/dining, bathroom, 2 bedrooms, and garage.

Also how do you suggest us new comers who are in this to create financial security and may not have 650$ to have a lawyer do the assignment paper work done go about getting this done?

Do the tenants need to be officially notified for me to help the lady?

You will receive the security deposit in Checking but then transfer it to Savings.

However if you are risk averse recasting the loan is a safe, secure option.