I like the growth going on over there and it is an area surrounded by colleges, affluent areas, and development.

I had a friend get locked out after their college email address was deactivated, that worked for them.

There is an additional cost to pay for them to inspect the crawl space which saved me a lot of money when we saw the effects of the blowout underneath the newly floored bathroom and how they supported the floor with 2x4's directly into the ground with no concrete footings or anything.The owner also teaches  at a local community college on how to inspect the different systems in a house. 

OTOH, if she bought it in 2006 at the height of the previous bubble, you may not be too bad off.1031 exchanges are for investments only, not your residence.

I had a conventional loan previously and sold that home in October of 2016.

@Nav S.You're allowed a cap gains exemption on a primary residence as long as you lived in it 2 of the previous 5 years.

No clause in a previous management agreement would be binding on you since you never agreed to any of those terms. 

It is a single-family property but will likely be rented to college students to generate some cash flow.

But I'm not an inspector.It's a cape and the second floor isn't heated and is used for storage.

With no income or previous experience, is it going to be hard to find an investor?