If you can talk in the same language as them, the judge will see you more professionally.

More units equals more money, which means you need to sound and be professional.

You are operating a business and need to be professional.

Tell me why this is a dumb idea, but let's not get lost in what-if's.Lastly, who are the professionals that I can talk to, to make sure that the work I'm doing will result in a property that is bank finance-able?

Once the property is fixed up and sold, You and The Private Lender will Split Profits 50/50, or whatever the agreed upon split would be.Usual Private Lenders are friends and family and High Net Worth Professionals (doctors, lawyers, other real estate investors)Best Place to find them are at your Local Real Estate Investors Club. 

I live within this radius, but still choose to use a professional PM because I work full time and choose to outsource that.

We sold primarily to professional builders and remodeling contractors. 

The reason for my confusion could be that I read another thread where it was the Reverse Mortgage Institution who was selling the "Owner"-Occupiers property, and the responses there suggested that was nothing out of the ordinary, since the Institution was already paying out that Owner per their reverse mortgage arrangement, and could continue to do so even if THEY sold the property to another party.

Hi, My name is Isaiah Coble I am a real estate professional.

You should also select a local and experienced Team full of professionals that will help on doing things that you need help on or do not know.The primary Team members are typically Attornies, real estate Agents, CPA's ( or accountants), Inspectors, General Contractors, and Handymen.