The seller doesn’t need to know that the underwriters may give you more of a hassle than other buyers.Or do you have lines of credit or a private lender so you can make a “cash” offer then try to get the financing through before close or at worst just do a cash out refi after close?

Once we receive notice, in some sort of writing from the tenant, we move forward.

I've wondered about some sort of artists'/musicians' retreat space, but not sure about the numbers of that.I would love to hear your ideas!

In 2017 we started our journey with long-term buy-and-hold investment properties in the Memphis, TN area after selling a property that we were losing money on every month in NOVA that we purchased as a primary residence in Jan 2007 (talk about all-time bad timing) and then had to move with the Navy in 2009 (2nd all-time worst timing).

The bathrooms made me so depressed... plastic shower units with sad apartment class vanities with some sort of beige solid surface tops. 

The other is a service and sort of hospitality-oriented approach.

This sort of deal could go south very easily and for that reason I stayed away.What would you do? 

You are much better of preparing for the worst case scenario and adjusting your strategy accordingly.  

Which gave me some sort of confidence.

I met and talked with at least 4-5 turnkey investors where they bought a property from someone else with a tenant and try to sell it to me, doesn't know the condition of the house at all, and had all sorts of the third party and didn't do everything themselves.