You may also want to provide instructions on how they can confirm it's off so they know you're not spying on them. 

Your lender will instruct you on how to use gift funds. 

Now, we have no lease, no security deposit and just the escrow instructions spelling out the rent back for 1 month (terminating on Feb 28).

However, I recall from reading on forums elsewhere that IUL grows more because it doesn't have hidden fees and should have lower fees.

Home has been appraised for 250k and remaining balance for payoff is around 30k… I feel as though this would be considered a hidden gem and I should purchase the home and even if it’s around 30k to repair I’d still come out on top  

IF the owner agrees to walk with no money (funny how sellers change their mind when reality hits), IF your estimate of value is correct, IF there are no hidden defects, and if the market doesn’t “correct” as interest rates increase.

The instructions will tell which size of exhaust duct you will need.

This means that instead of having to instruct the custodian to process a transaction, the accountholder can simply write a check or initiate a wire transfer on their own, without any waiting.

Two potential ideas: (1) keep as hidden storage area for RVs or (2) Airbnb as campsite.  

Read their contracts in full, many sound great when interviewing but have hidden bombs in the management contract.