The down payment will come from my husbands inheritance as a gift but I've been informed by my lender that gift funds can't be used on investment property.

I found the records online. 1 owner had the same address as the abandoned property so that one is a dead end even though the deed was gifted I don't see anyway to find them. 

I do not get any money from TurboTenant, nor am I an owner or investor in the company.They have a referral program where they will send me a $25 home depot gift card for a referral - you don't have to use the referral codeStessaStessa is a website that I use to track all my expenses.It is another free site and you can pull reportsYou even can upload receipts.Roofstock recently purchased StessaCompletely freeZillow Rental ManagerI use this to collect rent.Free for the landlordTenant only pays a fee if they use a credit card to pay rent.

If it was “gifted to you” then you inherit the gifter’s tax basis, not zero but probably still low.

If you make expenditures before you take ownership, this is a gift.  

We agents refer to our licenses as "the gift that keeps on giving" for this exact reason. 

Of course not caught a fish but was the best trip because i was knowing theirs desires and the captain went them to the beach of Super Paradise where  i booked a table  in one of the best restaurant beach bar.The other case where my client asked what  to suggest him to make a romantic dinner in the villa , so I arranged a gourmet meal with chef, small candles floating in the pool and saxophone player playing  jazz music .

Use FHA loan:  3.5% down- you can use a gift from a family member for the down payment.  2.

Will this be considered a gift on my part then?

Count your lucky stars,  you just got a gift,(an expensive nice gift too)  that you can start fresh with your own tenant.