Ideally this collateral would be used to secure a line of credit with as few covenants as are feasible.

We have maintenance install the washer and dryers so they are hooked up correctly.We use teflon tape,the steel braided hoses wit the high quality washers on the inside.Where the discharge hose goes into the drain we install a strap to the wall so the discharge hose won't fall out when draining and leak.Even given all that if they have an old washer it can give out and water can be released.The simple fix is a drain pan under the washer with a pipe that ties into the discharge pipe in the wall.All of this will cost about 40 bucks or so not including labor.Well worth it than cleaning up a huge leak causing massive damage.We also check the hot and cold water valves the supply lines hook into from the washer.The valves might be gone and partially leaking.Also if the tenant installs the washer and dryer they might over tighten fittings causing bent pipes and damage or under tighten having leaks.Been my experience with over 20 units on a 30 year old building.

I set up a dedicated business account that ideally would (if I cared) handle any tenant interactions.

This situation could be ideal for me.Has anyone had any luck finding lenders that will do this kind of loan?

Ideally you'd have a mix.

Although I don't personally use home inspectors on my purchases, I deal with a lot of them when selling and there is a wide variety.As an investor or a buyer, I would want an inspector with actual construction experience.

Hello,It's a great program if your loan fits but there are a LOT of restrictions that can cause it to not be the best deal for everyone.

Great Ideal for many, but it drove my multi-units rental rates from $500 to $425 a month.

Ideally that support should be other recent comps in similar condition.

It's pretty straight forward and based on your pictures it looks like you've got an ideal candidate for it.