Any open/unresolved permits may be considered a cloud on title in some locations which will cause problems with sales or deed transfers. 

This is a product of fewer real estate transactions.

Bought a 1980’s brass and white ceiling fan at a garage sale for $5, painted the brass parts wrinkle finish black, now it looks vintage.

(Form 1025 for a 4plex which includes sales comps + rent comps)

It essentially allows them to pass the financial responsibility to someone else without going through a foreclosure or short sale process.How Banks Get Involved: Typically, in a "subject to" financing deal, the existing loan stays in the seller's name, but the deed transfers to the buyer, making the buyer responsible for the mortgage payments.

If they don't want to leave, list the house for sale and sell it with them in place.

Right now there are only 3 houses for sale under $700K and nothing below $500K .

I'd imagine you'd be an easy sale. 

NOI / cap rate = sales price, and sales price x cap rate = NOI.

Hi - sharing these posts on DSCR Loans published last year on BiggerPockets with all you need to know about the product, hope it helps!