The absence of a personal guarantee from any disqualified persons is still required, just as with third-party financing.

I personally have success in doing flips with my partner here in Ohio.Lakewood and Edgewater are gentrifying neighborhoods in Cleveland.

Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

If the person stops making payments, they alas,  have to foreclose.

The vast majority of contractors won't want to give bids on properties while under contract unless they have a relationship with that person from prior jobs.

In person is better than over the phone if possible, as I have been told by annoyed or lazy clerks "NO STR allowed" as that was the easy button to get me off the phone, or if they are anti STR. 

A new person moves in and she says the upstairs neighbors are creating a ton of noise.

If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.

The question is, what is the intention  of the owner, not what would a reasonable person think is the intention of the owner.