I am not worried about the integrity of the structure, but will the bank require this to be fixed?

Remember to conduct thorough due diligence as these properties often require rehabilitation.

She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.

Yes you can, you would be required to occupy the property for at least a year.

30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!  

Also, because there is a seasoning requirement for refinances, you'd generally have to wait 3 months before you can refinance.

In regard to him not completing the section 8 process, am I allowed not to fill the paperwork required for him, and pursue the eviction?

This is the same things as bandit signs, or any other form of marketing that doesn't require you to go and cold call or knock on doors or run ads/PPC.

Do DSCR lenders require the 20% down payment like traditional loan products.

You will be using FICO and Rent/PITI to qualify (no income, tax returns required).