Live in one of the units and rent out the rest, this is a great way to get into and learn the rental game, and often live for free (tenants pay your mortgage, utilities, etc), maybe even make some positive cash flow.

Do you guys aim to have your purchase paid in full, or down payment only and finance the rest?

That is not an official tax document and has nothing to do with taxes.You should list the facts about the tenant just like you would like it if a landlord was doing a verification for you. 

All responsibility for success and failure rests with you.

Building anything in Fremont CA is currently a nightmare and every interaction with a city official is unpleasant to say the least!

Generally speaking, I would post the proper notices according to state law and then start the clock ticking until you can officially treat it as abandoned. 

Have a great rest of your weekend. 

There was one full gut, and the rest were heavy cosmetic (cabinets, floors, paint, fixtures etc). 

Get per unit estimations of rehab costs and then you can let your team do the rest of the calculations.Remember, underwriting is an art and a science.

Pay her a lump sum from your reserves and the rest over time...