I know who can use it, what I want to know is can a buyer use this as a tenant buyer on a lease option agreement to buy a home while their credit is being repaired for a yr or 2??

As for the property, I'm an actual cash buyer, and can possibly be your boots on the ground, but I generally don't have too much time for stuff like that.

Taxes take a big bite but I have been thinking as a cash buyer one might buy at a bit of a discount. 

I guess its like Victor said above.I looked in to Singal family (SFR) but there is more competition from home buyer and its harder to get a great deal cus they realy want that spesific home and will overpay just to get it...From my understanding there is more investors involved in a multie-family property and they all want a great deal.

Well, we have no idea what their contract said about insurance but usually the buyer is responsible.

Originally asking $152k for wiggle room, buyer offered $145k cash.

Originally asking $152k for wiggle room, buyer offered $145k cash.

Yes a MLO is different, they qualify the buyer and keep you straight during the origination process.

Best case for most investor buyers would be if a tenant is month to month, so then as soon as you close on the property you could present the existing tenant(s) with YOUR new lease with your preferred terms and likely higher rent rate, and then they will either accept or you can negotiate or decide to give them notice.

A SFR is very easy to sell and has a much larger pool of buyers.