If they do comply with the fee they will be leaving at end of lease, voluntarily or by you non renewing their lease.

By doing this, you will get the best rates and terms.2) Refinance the loan with a Non-QM or portfolio lender.

Just send them a notice of non-renewal within the legal time frame.

Non-conventional money is best borrowed thru relationships.There are a ton of legitimate lenders out there and he safest way to develop a relationship is face-to-face.

Based on my holdings in the area, I usually spend at least a few thousand a year in fixing things up (I usually get hit with at least 40% of rent for all non debt costs). 

I'm looking to meet my equity requirement with non-liquid assets. 

If it doesn't work out, I may try to either do (1) Airbnb full time in 3 units (we're occupying one unit) or rent it out to non-students as a regular housing rental.

I run a non profit that helps people find work at no charge, maybe I can help.

@William JenkinsDoesn't sound like you would use financing for the contemplated investment of retirements, but if you did it would need to be non-recourse (either via a Solo 401k or SDIRA) and if done via an IRA subject to Unrelated  Debt Finance Income tax.

Also, when you get that big the loans become non recourse which is nice too.