I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

If down payment is your one issue with qualifying there are down payment assistance programs available. 

Pilot a unit or two with this renovation spec and see how much demand you get from QUALIFIED applicants.  

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

For the financial side they hire third year financial analysts (3 years removed from college) because they cost one quarter of what a qualified employee would cost.  

The tricky part is how you are looking to qualify.

A piece of advise if he lays hands on you or your son immediately go to court and see if it qualifies for a peace order or similar. 

Qualified renters can opt to pay a non-refundable monthly fee instead of a traditional deposit.

(These companies would otherwise have been required to report by January 1, 2025.)Reporting companies created or registered in the United States on or after September 4, 2024 that had a filing deadline between December 3, 2024 and December 23, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.Reporting companies created or registered in the United States on or after December 3, 2024 and on or before December 23, 2024 have an additional 21 days from their original filing deadline to file their initial beneficial ownership information reports with FinCEN.Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025.

Unlike true multifamily, meaning the county or city has the property categorized as multifamily, you can't use potential rental income from the additional units to help you qualify (if the home is single family per the appraisal, that is).