There are couple more but that will take too long to detail. 

You've given me some solid pointers/items to take into consideration for future deal analysis, so thank you for that.

These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.

I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?  

thanks a lot a very detailed information!

Let me know if you want to dig deeper into those details!

Move on.If they say, "maybe" or have lots of questions about the details, then move forward and pursue.#3  TRUST.   

I have been stuck in the analysis paralysis long enough.

Analysis of current tenants and future potential tenant market.  4. 

If you ever have questions or would like me to run a rental analysis for you, please reach out!