definitely want to reach out to a local realtor . 40k is a good amount to get into a fix and flip 

If the building ever gets a $25 summons ticket from Sanitation (it happened once) we then bill it to the tenants in equal share. (1/3 each for a 3 family) and send a sternly-worded email.Re: Legal obligations - I know of no "legal" obligations to curb the trash on behalf of the Tenants that would supercede what was specifically agreed to in the Lease.  

In NC, when you speak to a potential seller, you are legally required to share with them that you're an agent even if you're there to buy their property or wholesale it off-market.

Happy to connect and get more info, but you definitely will take a hit to your current rate.

Yes definitely . 70-75% are hard stretches and very easy to fall into the negative on the project 

I wished you were near me......this is definitely something that id be interested in for sure

It will get you in touch with some people, but definitely can't be counted on.....especially for more distressed assets/people.  

Definitely a question for a lender however this seems like a good option given your capital situation. 

Though we cannot assist with owner-occupied, DSCR loans are typically going to be 1.5-2% origination + $1500-$2500 in underwriting/admin/legal fees. 

This will give me legal proof that she has received the information and has necessary time to pay rent and another 30+ days' notice of non-renewal.Does this sound like a good next step?