First, the bank won't even talk to you without some formal authorization from the owner's estate.Since the owner died intestate, her estate will have to go through probate.

There is almost no understanding CPM- several multimillion dollar coliving start-ups have FAILED b/c they saw the demand for coliving w/out seeing the need for a respective form of property management (see HubHaus, Common, Starling, etc). 

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

Know that if they pull an inspection and it fails, you will not receive any rent until the inspection passes.

I know, I get a lot of different kinds of checks because I work with corporations, schools, banks, jobs, etc.

The bank can not do a "precautionary foreclosure" on you.

If not again you would be better off buying your own home and having enough yard/space for all of them but 13 is still way to many dogs unless you live on a farm or own acres of land.I have worked in the banking business and have seen people lose their homes that they rent due to landlords kicking them out with very little warning due to breach of contract or a No pet rule. 

(Banks typically want to see 1 Year+ leases).

There was also a failing retaining wall in the rear of the property that completely blocked natural light form a handful of houses, and was technically on the property line and a shared responsibility.

I paid $600k and got a local bank to loan 75% for 5-years at 3.85%.