The last few properties we have put on the market went under contract in under a week with multiple offers but they were priced right, were inline with the area but were done with quality and were in desirable areas.Unless you are dealing in a low-end market, a home warranty should be a standard inclusion especially for first time home buyers. 

If it is light, a dscr purchase would be a great option as it is typically 30 year fixed and around 7% give or take depending on cash flow, credit, and leverage. 

When applying for a joint mortgage in California, lenders will typically assess both of your financial qualifications individually and consider the property's use as both a primary and secondary residence.

I understand unexpected things come up as the work progresses, but how is this typically handled?

  - Optimally, a national lender able to offer financing in multiple markets or States. - Seasoned with proven track record and positive reviews of performance.- Dependable, trustworthy and professional. - Weekends are workdays. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

If the property has not received a lot of attention is it worth submitting an offer below asking? 

Typically, on those type of deals, you'll be looking at 10% down minimum.

Run your analysis, and make offers based on your ROI.

The other big issue about being an "investor-friendly" agent is that investors expect the agent to chase their tail by driving around looking at every potential home the investor sees on Zillow and then make a bajillion low-ball offers for them "just to see if they stick".