@Ian Barnes Do you have 1-3 good inspectors that you could pass their contact details over to me? 

Since no details were given to income or current situation.

That time has to be documented with a detailed ongoing time log.3.

Although like Mike said since its closely targeted, giving details of you intentions and interest in the property might not be bad idea.

She has no involvement in financing so in the eyes of the bank, she's never had a mortgage. 

Can you send me some details?

I’ll keep eyes peeled.

I tend to think that they are renting out close to market because the landlord turns a blind eye to the fact that there are 7+ people living in units suited for 2-4 people.

It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k  Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon  5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.

You will definitely want to consult a local attorney that specializes in landlord/tenant law for the details.