"If I could get it approved by my team, I might be able to offer to take over paying your mortgage payments and you;d sign offer the house" "would that allow you to feel out from under and be able to move in your life?"

The answer to this question may be obvious, but this is all new to me.Does getting pre-approved for financing by a bank or other lender affect your credit score?

Greetings, I am new to the real estate realm and currently working on my pre-approval.

The owner will show property once there’s an approved offer.

(assuming you didn't plan on doing repairs/renovation yourself, since they require HUD approved contractors and more info on when how and what your doing.)

But I can't really understand how a bank will approve a business for a 250k house investment....  

As such, I am exploring simply doing a residential investment loan which I have already been pre approved for.

But the good news is if you purchase agreement calls for "review and approval of all leases" (basic, it should!)

I also looked at some of the recent postings and it seems they have advertised to a lot of section 8 tenants and in their marketing promise they "Can Get You Automatically Approved" which is a red flag.

You could also try putting an option to purchase on the property, which would allow for you to get zoning approval, etc.