That way you have someone that can step in, perhaps a sister, or a brother or some one like that who is responsible enough to handle this highly valuable asset portfolio that you have.

There are only three reasons a property doesn't rent.1) The price is too high.

The next month in April, I saw that the boyfriend disconnected his bank account from the automatic payments from the Rentredi app (He is the primary he has a 700 credit score, girlfriend has a high 500’s) The rent was not paid on April 1st due date.

If the contract included a due diligence period that allowed for the return of EMD and the numbers on the deal made sense, then I would request an extension on the EMD and hire an architect or structural engineering to review the area pointed out by the inspector. 

They don't want to sell their home, however, but would rather keep it and turn it into a rental property, esp. since it is in a very good school district.Their current LTV is like 20%, very high equity. 

There's no right or wrong answer here and will highly depend on your current situation.

I would suggest pushing further on Anderson on how to fill out the form and what to submit, and for presumably the high fees that you have paid them, they should be able to help further. 

I regularly see single family houses that kick off 20% cash on cash returns.    

My first flip here in Chicago went smooth, simple cosmetic renovation, but then followed two average to below average flips...so beware no to get on a high horse like I did!

Sometimes instead of returning my call they call him instead.