Should I actually start the process of securing the FHA loan which should give me the proof of funds.

Do I use the full group's security deposit and deduct that extra week of rent at the full rate?

The funny part of the story is they hired a private eye and got the police looking for the bookkeeper, who was there when I installed the software so I know him by sight.

That low down-payment and rate is too enticing for us to simply start looking for private/hard money if there's another option out there. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Her immediate inclination was to sell but she's also curious about the idea of renting out the home and securing a solid property manager to run the place for her.

Our next purchase, a SFH, was a foreclosure we purchased on Auction.com using just a bit of our own capital with private money covering the remainder.

Send me a private message, in that case. 

This process has allowed me the opportunity to learn how to make financial, marketing, and staffing decisions with someone else's investment (we're privately owned).

The stats are: -5 stories totaling 20,000 square feet above ground, plus a full basement which is partial commercial space and partial tenant storage/utilities-First floor commercial space is around 2300 square feet with an additional 1500 in the basement, 12' ceilings in the first floor-14 residential units above, most have private balconies or decks, elevator, bike storage, mail room.