@Anne Pitkin Seller financing could be an option but she might want the cash now.

In general I would also tend to use an attorney that is board certified in real estate law....there are some good/great ones that aren't and maybe do enough real estate to be an expert, but two often I see other types of attorneys...divorce, general, probate, mess up a perfectly good real estate contract.

While they may be an outstanding human, if they don’t understand your goals and how the process works they won’t be very helpful.

Applicant is confident that rent payment will not be an issue.Should I consider the life insurance as a qualifying income source? 

Economics is still half art and half science at this point.I was just in a similar situation with a condo I owned, basically lost money with maintenance costs but had been appreciating like crazy.Sold it and did a 1031 and it covered most of the 25% down payment on a 4 Plex that should cash flow very well after the renovation.I view this a good on all fronts, just plain business sense and if inflation does happen I have way more exposure for it to be an advantage for me by having 4 units with rents that can go up and a larger asset that can appreciate.

It may be an ESA or legitimate service animal and you have no control over it. 

Would you want to grab a cup of coffee and talk real estate? 

If anyone would like to grab coffee just shoot me a message.

@Caleb Stevens Typically your home would need to be completely paid off for seller financing to be an option.

For example a single mother with 2 kids and a bf may want the bf to be an occupant in case things don't work out she can make him leave and maintain a stable living situation for her children.