He's unmarried and and just five years out of college, he's living in young 'hip' area,  his rent is under market and it would be difficult to buy a property in his area that would cash flow as a rental so it makes sense for him;  I think in the situation you described it would be a reasonable thing to do as well.

If you get a 15 year loan, your interest maybe somewhat lower, but cash flow will be difficult and you might regret it later.Personally, I get the longest amortization period possible, and never regretted it.

It was a disaster for him and he showed his shining true colors by the way he dealt with investors through this difficult holding period.

Question is, how difficult is this going to be for me to enforce any of these since I don't technically own the property?? 

REO standing for Real Estate Owner(by the lender) It is pretty difficult to buy these properties directly as an investor, as the lender wants to sell this property for as much as possible.

It may be difficult to prove discrimination based on this but it certainly opens up the door.  

The problem is that reinvesting is becomeing difficult!

She has a long term issue for housing and while I applaud your compassion it is only going to get more difficult until she comes to the reality that she needs to move.  

My market is quite expensive and therefore difficult for new investors to get involved – I knew I would have to house hack for my first property to be able to afford it.

If it's in Seattle I'd assume there's some regulatory hair on it either way that would require an experienced team to get it done in a timely fashion.Finding capital for either probably wouldn't be difficult with the right plan and team, the time capital is being held as cash is very low right now.