If you have an accepted contract, the only thing I would really worry about is copies of all leases.If you are still underwriting and thinking of offering, the price is going to be more dictated based on your own knowledge and idea of what you can do with the property, versus what the seller financials state. 

Hi Lumiere, welcome to the community!

Welcome to TN, the water is warm. 

I'm a product of BP through and through, was on these forums figuring out how to house hack after we already were in contract on a duplex, all the way through making it the foundation of my current business. 

Hello Bezhad, welcome to BiggerPockets! 

The sale of the property itself is a violation of the terms of the mortgage or deed of trust enabling the lender to accelerate the note.  

I want to create an LLC/Trust structure to protect the property.

I have the rental properties insured with a variety of lenders and no issues with putting all of them under the umbrella policy.

Welcome to the community and be ready for a huge amount of information at your finger tips.

Analyze properties that need only minor updates and start small to manage costs and gain experience.