You don't want them to just be financially qualified but you failed to investigate how they treated their past two apartments. 

A piece of advise if he lays hands on you or your son immediately go to court and see if it qualifies for a peace order or similar. 

He also does solar deals that are out of this world in Hawaii but you need to be a Hawaii resident to get the full benefit.. what size are those developments?  

I'm looking to purchase my first property with my fiancé (both 25) with the goal being to establish our primary residence together, as well as giving me the opportunity to add equity/value via rehab before moving on and converting the property into a rental within a year or so to kickstart an investment portfolio.An interesting lead that recently came up is my parent's neighbor's house.

And I seriously doubt any non profits are money laundering, but then again neither is Joe the Barber LLC or Betty's Property Management LLC (which, especially if they are Single Member LLC's--which flow to the 1040 without any tax return for the entity--are already identified to the government computers at the IRS.If you want to swim with the big fish you have to get wet.Maybe the resident agents will offer to fill this out as a service for $50 to $100 (???)

You could do something like what you want if it was your personal primary residence and even then the interest rate would be ugly. 

The rules are more complicated than your one sentence, and even Tom did not have the time to explain all of them on his podcast. 500 hours is one way to qualify for material  participation, and there are other ways.

-Primary Residence. 

If you don’t have a large down payment saved up, don’t worry—there are plenty of options available . . .”A trusted lender will go over the various loan types with you, any down payment requirements on those, and down payment assistance programs you may qualify for.

If a property is for sale but currently has tenants in it, but the buyer is buying for their primary residence, do eviction laws still apply?