If the loan won't be sold to Freddie/Fannie, I don't believe the AMC component is part of the equation.

It is missing key components represented to the buyer as being present.

And if there is immediate deferred maintenance, you would need to subtract that off your offering price (or at least half of it, since you'll have new components).

When I got the lease it's full of AS-IS verbiage that was never here before. "....lessor makes no warranties....condition of premises....including without limitation those relating to structure, systems, components of.....air quality....no obligation to construct, remodel, repair or improve.....except as set forth...."

Before we considered something like this seriously (there is a major time/money component here), we'd want to see FAR more interest in the idea....I wouldn't jump into researching anything until we see this take off . . .

Best of luck:Hiring a property manager is an important decision, and can be an asset for a property investor, but can also be a detriment if not chosen carefully and without some due diligence.

Determine the usable life expectancy of major components and appliances.  

Just keep in mind your credit score is only one component of the decision.  

Another component to look at for a broker is how seasoned the buyer is.

Those few extra weeks are only going to be a minor component of your overall loss in the worst case, more often the situation resolves itself.What people forget is that eviction is a solution  designed to get rid of a tenant.