Legal costs and the time involved make chasing these folks unprofitable.

There is some work involved, like running comps and negotiating with the tenant.

I have asked around to a few construction companies but I feel like the information I am getting is very general and the renovations they want to do are a lot more involved than what I need.

I switched up my financing method so I am not under as tight of a deadline.

But What else the communication method I need to do in this month while she is allowed to live in my house?

It can be an effective method if you target the right people and do it well.Finding off market deals is tough, especially if you're doing it by yourself.

I'm a bit discouraged because, as a beginning investor, I was hoping to use basic financing methods (read: conventional loan) to obtain my first property, but that is beginning to seem like it isn't an option. 

The CPA you spoke to was right, there are tremendous tax benefits for what the IRS calls "real estate professionals" The basic criteria is twofold: 1) you must engage more that half of your 'working' time in real estate related activities. 2) You must spend at least 750 hours involved in RE.What is considered real estate involvement?

I want to make everyone who I’m involved with life easier, including my mortgage broker - can you help us understand your logic?

This would be an off market transaction, no local agents involved, but still full due diligence for inspections and appraisal. 10% down, 700 +/- credit scores, and good DTI.What's the feasibility of me loaning her the balance of the loan after downpayment, creating a note, and then once it has a three or six month history of performance selling that note?