The half-point cut suggests deeper concerns, particularly regarding unemployment.

You just can't change the terms on someone that has already applied.Lower your prices, not your standards.I'm concerned that you want to lower your credit score requirement because that opens you to more risk.

You trick yourself into believing that the old house just has some quirks that need some love, but then after a full rehab, the electrical concerns were reprimanded.

Financially, the numbers make sense, but I need to have a proper inspection since this is my first home (and I'm going unrepresented) and the house is built in 1915 with some renovations that were clearly done by the investor selling the property rather than a professional.Question: Although  previous owner has owned the property for 3 years and rented to tenants previously, should I be concerned that the legal zoning is only for SFH?

Your conventional options will likely be better and keeping in your personal name is much easier to manage...just my 0.02So a big concern for me is the default liability.

Quote from @Chris Park: The risk of damage increases, but I would be more concerned with the fact she's bringing other men over while her boyfriend is at work, with or without his knowledge.

Location should be your primary concern if you want good tenants and good appreciation.

Consider how it will be used and if the floor can function as storage, rec room, family room, extra sleeping space, etc.From what you've shared, my concern would be the "hills" that may cause a tripping issue.

As a wholesaler I have no such concerns.

A skilled property manager can ensure a positive tenant experience by responding promptly to maintenance requests, addressing concerns, and fostering good relationships.