An Ohio court has the power to enforce the cognovit terms of a note only where one of the note’s makers lives or signed it.The State of Ohio allows a cognovit language on a commercial promissory note: I have copied the language from the note as well for your review.CONFESSION OF JUDGMENT: If I default, I authorize an attorney to appear in a court of record and confess judgment against me in favor of you.

That way you can look up the bank's phone number, call the branch and ask to speak to the banker who authored the letter to confirm.

Questions from the other attendees were revealing and helped me gain a better understanding of the author's perspective. 

I would start there with a commercial / community bank where you get to know personally the folks that have authority to make loans to small business people .. not a bank that just puts you through a computer system.   

We currently have $3MM in bank funding in two $1.5MM pre-authorized lines of credit for the purchases.

Just before listing the property the owner was able to get an approved rent increase by the housing authority to market rent which is why we got into contract. 

See if you can get a secured credit card or if a family member/friend with good credit can add you as an authorized user to one of their cards to begin developing your credit history.I wish you the best in whichever route you choose.  

I also try and be talkative and goofy, trying to figure out if they have a victim mentality (aka the world is always against them and nothing is their fault) or if they have major issues with authority.

One book/author and platform I have found helpful is "It Takes What It Takes" by Trevor Moawad.

Yes, it's rented with the Housing Authority (which I normally love working with) and they allow 2 people per room.