Ello,Another option is to hire a CPA for this year and see / ask questions about what they are doing and various considerations.Not to take business away from Lance but unless there are unusual circumstances, it is not rocket science.

Are there any unusual rules that govern properties when owners get sent to prison? 

Unless there's some unusual and explainable circumstances, you probably have a problem with either your management, your tenant screening process, or the property itself.

If anyone knows of an attorney that you think would be good for this unusual property purchase then it would be greatly appreciated as well.

It's not unusual in hot markets for some houses to spend months in the upset bid process. 

If your WHY is strong enough, you will find your way; and it would not surprise me if if you make it work through a bunch of unusual and odd circumstances - you'll hear many of these stories over time.You have three things to invest: money, time and energy - usually a combination of those three, somtimes only two.

Not unusual for docs to have $400,000-$500,000 in student loans or practice startup costs and $50,000 or so in income during residency. 

It is not at all unusual for a unit to last 20 years or more with maintenance.

Wait until later to try anything unusual.  

That's just an unusually low rate for a non-owner occupied loan.