The #1 reason why landlords fail - according to the American Apartment Owners' Assn - is failure to manage to the lease. 

.: Quote from @James Miller: does any one know the brother of the owner? 

Many DSCR programs require an investor to have a mortgage history- there are some DSCR mortgage programs that will work with investors who are renting- some refer to them as first time home buyers (FTHBs)- DSCR loans are only for investment properties where the owner isn't living there.

Listings also tend to tick up in the offseason as investor owners look to test the market. 

I wouldn't go into it with any preconceived notions of what the owner's intentions, situation or motivation may be.

Then the new owner would call and want to remodel again becuase they didn't like the design or colors, Lol.....

A SFH in a neighborhood with HOA or owner occupant neighborhoods your rental property can stand out in a negative way because tenants don't waste their money watering the yard. 5.  

As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.

This sounds a lot easier than trying to buy with no money down with private money, especially for owner occupied residency

If a property goes into foreclosure on a second, as Ken said you will either be buying it subject to the first mortgage - meaning it's your mortgage now - or the first has to be satisfied to take possession of the property - or the owner of the first is going to be there bidding what they are owed, so you would need to outbid them to get the property and then you are the person paying off the first mortgage.