In a nutshell: finance 5-20 houses/duplexes/tri/condos/apartments, have my renters pay off my mortgage, collect a small amount of income on top of that, wait 20 years(if i dont refinance) and sell building for pure profit after appreciation and inflation.I'm sure many people have thought this thru, put blood sweat and tears into it and could not come out on top.

Although the population count of the small towns in the Yakima Valley may be on the low end, they get "fresh blood" due to the hiring of highly educated agricultural professionals.Many of these people are here for a contracted term of one or two years at most and earn 50k and above.

In my eyes that's nearly 10%.So instead of cash flowing a comfy $500 I'd cashflow maybe 100, too risky for my blood.  

I am in a situation where I have a seller, who owns the property outright, is in his 60's and is semi-retired (works to keep the blood flowing).  

How to prepare and pull the trigger for the "blood in the streets" Cycle?

It's in their blood.

Since I became a realtor but still have investor blood in my vain. sometime it does not make any sense to pay 6% when you do all the work and even price it right for your realtor to sell already.For highly educate clients such as investors.

When there are two or more borrowers, but one or more will not occupy the property as his/her principal residence, the maximum mortgage is limited to 75% loan-to-value (LTV).Borrowers should take note of some exceptions to that 75% limit which are based on family-type relationships.Borrowers are eligible for maximum FHA loan financing for non-occupying borrower situations for FHA loan applicants who are related by blood, marriage, or law.

“Pets/animals” include, but is not limited to, both warm- and cold-blooded animals, such as dogs, cats, fish, rabbits, hamsters, rats, birds, snakes, lizards, and insects.Tenant agrees to pay immediately for any damage, loss, or expense caused by such pets/animals.If Landlord grants permission for keeping a pet, Tenant must sign a Pet Agreement addendum for each pet, which may require additional monthly rent and/or additional security deposits.

I see a few options:1) Let her leave, assume I won't get blood out of a turnip, and have the IC place a new refugee with the current tenant.