Check out the Freddit Mac guidelines here if you want to see full eligibility restrictions: https://guide.freddiemac.com/app/guide/section/4201.15DSCR loans would not have this restriction. 

Everyone loves to say use this app or website, just call the experts directly.

@Liam Alvarez  What apps are you looking at? 

Yes there will be maintenance and vacancy but that can be mitigated by just selling the property with owner financing at a later date.  

If the information is out of date is there a follow-up book you folks can recommend so I can make up for the gap of this original version?

I recommend you pay him the final amount, but get a lien release, in advance, that says if you pay him this final amount, he will have been paid in full for his work and no further liens can accrue.I believe a mechanics lien once filed generally initiates a court date to substantiate the claim.

Awesome to hear you have a specific date picked out to take the test! 

Current lease term (expiration date, month-to-month)7.

Document all of what you do if you are going to get it done for them, and/or if you cut them a check then make sure it is in writing that it was all done and they cannot come back to you at a later date asking for more money/mitigation.  

So for example your American Express statement closing date is December 10 and your payment due date is January 4.