Hey Anthony, yeah just some additional details. 

Quote from @Michael Dumler: @Carsyn Childress, I can't speak on behalf of your market, but whenever I attend an REI meet-up in my respective market, I always connect with at least one or two wholesalers.

Low or no down, seller financing and low or no interest with a balloon payment later is the holy grail (location, building condition, market also matter but it sounds like you have all that).

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Clinton.

Purchase price: $530,000

Cash invested: $20,000

Hello all! I want to share an experience ive had over the past fe...

In the case of investors, they still require a 20% down payment, additionally there is a 2.25% funding fee because the REO was purchased under a VA loan. 

Additionally, the STR market is quite oversaturated right now as well

Please DM me if you have any additional questions. 

As a backup plan, if I have to go with a local PM company that only leases the entire home, could I use an addendum to add additional tenants to the existing lease while ensuring everything is legally structured?

I think their logic was that a family with 12 people (parents and 10 boy children) would have difficulty finding a suitable house with say 6 bedrooms.In addition to the Federal guideline, some local ordinances address occupants both tenants and owners.