By using a third party representing me I am able to maintain a more unbiased posture, allow the emotion to blow off without influencing my decision making process, and hopefully reach an agreed plan which provides them with time to rearrange their lives and me to suffer the least cost.Btw, not unusual for a relative not to inform their relative tenants that foreclosure is taking place.  

Your local city/county building department will have permit requirements on their website, but will most likely perform inspections on non required items if you purchase a permit and request that they inspect the item in question if you are uncertain of the quality/code compliance of the work.  

In uncertain times, people get nervous.

Something that is uncertain is whether corporate veil can be breached even if you follow rules of running an llc. keeping records, holding meetings, etc.

This is an unusually profitable deal though.

My research couldn't find any cases similar to theses unusual facts so I retained counsel who also couldn't find anything on point. 

It may not always be a good idea to buy a particular property due to unrealistic asking prices above the general market or unusually depressed rental prices in the area (e.g., due to crime).

Due to these uncertain times, I'm nervous to put a good chunk of my cash reserves into my first investment.Ideally I would like to get a traditional loan with a hefty down payment as a safe option, while I learn the ropes of my first investment, however, I'm worried that my current employment situation would not allow me to do this.I am currently furloughed and my husband is an independent contractor (due to covid restrictions in our region we have been forced to shut down operations).What are my lending options since we don't have "job security" on paper.

If you'd rather have a bit of a buffer for uncertain times, stay the course or make the occasional extra payment.

That's the value of an agent who goes hard in the paint on due diligence.Now, an example of an agent thinking creatively and seeing a value-add opportunity that everyone else missed: There was a house that had been on the market for a long time, and the reason was obvious: it was only a 2 br 1 ba house, and the floorplan was very, very weird, so nobody wanted it...however, my agent spotted that the listing had unusually large Sq footage, so we went to check it out...10 minutes after walking into the house, my agent says "we can turn this loser into a winner".