In the event of catastrophic market conditions, you would still be even with your property value/mortgage.

Federal programs will require you to use GC/licensed folks for a lot of the work and they will get reimbursed by the institution that your loan is with; many GCs don't want to wait on the float time of requesting funds and getting them.Depending on the program and rehab/condition of the home, you may not be required to live in the home (think black mold remediation...bank isn't going to put you in a compromised position) however they may have min/max of when you need to move in.

Make sure you're comfortable with the cap rates and the property’s condition before moving forward!

Pro:- it’s trained to look for safety risks, expensive repairs- within minutes analyzes entire disclosure packet of hundreds of pages- works as another set of eyes that looks for things you should be watching out for, likewise of a companion - great to quickly learn of property conditions from the actual documents while on the go (given that you still follow your own due diligence process)- beta is freeCons:- still in beta- can’t share report directly unless copy and paste- only core documents (home inspection, pest, roof, tds, hazard, solar) are supported but not regional specific disclosures like hoa- estimates it provides aren’t accurate- not mobile friendly 

., lender reputation, conditions in the letter, proof of equity) that you look for to validate the buyer’s financial readiness?

Air conditioned air leaking to crawlspace making crawlspace heat or cold depending on season causing more power bill to tenants.

And better yet 80%+ of this asset class tenants are home owners by nature, divorcee's in process, there living standards are home-owner conditioned. 

If it does you have zero asset/income, a much larger debt secured by your personal residence, at just the time you probably also lose your job due to economic conditions, and all those nice folks teaching you about sno ball, infinity, you’re your own bank, etc., will be long gone.  

Currently work as an RN and thats how I heard MTR as a strategy to REI that caters to travel nurses and health professionals.

Let me know if you have any advice for organizing expenses and projects to stay up to date on the health of the property.