Since section-8 is going to perform a contamination test prior to approval. 

(I'm personally ok with extensions for a month or so regarding possession; although we've had quite a few borrowers treat us poorly prior to the pandemic, I think everybody should stay put until things settle down for everyone's sake.)Finally, I don't think people will be rushing to invest capital in note funds at least for the next couple of weeks or maybe months.

Instead, we are pushing the in person showing to the back end of the application process such that it will be a formality prior to lease execution.

Copies of liens or liabilities on the property that should be known to the buyer prior to closing.11.

We know HUD has came out with direction for forbearance for FHA (90 days) and Fannie/Freddie (12 months) it's not clear if that forbearance can be applied, by mandate or judicial argument, over loans in default prior to the last 2 weeks. 

The subject property value is $1.5M prior to the new building.

Prior to this as long as you had 2 years of tax returns with rental income in any part of each year you could use that income.

It was is a long term hold and I intended to remodel the kitchen and two bathrooms prior to renting it out however given the COVID-19 concerns I’m considering renting it out as-is to students that may have lost their on campus housing.

You will need to show proof of funds for at least 90 days prior to purchase, however. 

While I have never had this specific scenario, typically as the lease is coming to an end, I schedule a walk through with the tenant and have both a checklist as well as the pictures of the condition prior to them leasing the space.