The City and County owns alot homes with different circumstances. 

I would not under any circumstance imply or say that somehow you'll be involved or responsible for separating who is paying and who is not....'

@Derek Olmschenk based on those circumstances then you should look to commercial loans. 

It's all personal preference and life circumstance that allows you to complete the rehab yourself or bring someone else on board to complete. 

I have a decent savings for now, but I'm having trouble finding a lender who will consider lending to me under these circumstances.

That means the pet rent is pure profit, except in very rare circumstances. 

First, while we are sympathetic that you and others have had to deal with these types of burdensome circumstance, the fact remains that our officers cannot make the decision as to who is rightfully allowed to possess the property.

Anyways, in normal circumstances, I would give the deposit back no questions asked.

My accountant only cited the 2/5 yr exemption when I asked her, so looking for for advice and maybe a new accountant. https://www.irs.gov/publicatio...Yes - There is a potential section 121 exclusion for those moving because of employment, medical or 'unforeseen circumstances'.best of luck 

Although I hope to make this a long-term buy/hold investment, I need to keep my options open for selling it earlier than planned, due to some unforeseen repair, vacancy, etc.