Ideally I would like to do a cash deal with my own money, but hard money is just an option I am willing to explore Thanks again very helpful !

All my leases auto roll to a month to month lease, but I would probably proceed like normal. 

Ideally FHA wants to know that everything in the home is functional and safe, with major structural components (foundation/roof) in good repair.

My place is quiet, safe 10 minute walk to the hospital that seems like it would be ideal for nurses.

They probably have no credit cards and are vulnerable to shocks like having an expensive auto repair etc.Things can spiral quickly out of their control, even with good will.

The ideal situation would be to get a loan that allows me to put 10% or less.

Ideal price to acquire would be 1.7m, net profit of $156,000 per year.

That would be ideal if you have equity in the property, which exists if there is a difference between your loan balance and your property value.

IDeally, I am looking to implement the BRRRR strategy, or some similar variation. 

Obviously I cant really do much right now due to the pandemic so I am researching but I have a few questions regarding the financing: Ideally I will use hard money for the acquisition and rehab and then go to a bank for the refi.