Just doing an update/ checkin with our major bank.  

They stop paying and now you have a bigger issue on your hands.Are you saying these tenants have been in these units since the 70s or are you assuming?

Since then, she’s had a multitude of complaints about various issues big and small.

It's by far the best ROI I've had on inspections in my career.The inspection revealed a multitude of issues we had a hard time comprehending for such a new property. 

The Fannie guideline change doesn't eliminate the self sufficiency test as FHA still requires that, it just lowers the Fannie down payment for 3-4 units from 25% to 5% and since Fannie has never had a self sufficiency test you avoid that issue. 

., there are no issues lending to a trust with most lenders.

The guy with 3 posts may be offering legitimate advice having been in your shoes- The guy with 30 years experience may be hopelessly out of date, or even inexperienced with current issues.- The 23 year old who just bought the first house-hack may teach us something game-changing.The “real deal” looks very different in many contexts: THAT is the power of BiggerPockets.

While I can see how having some POH's isn't the end of the world, especially if you have a solid plan to transition to TOH's over time, for someone with no "experience" and not a ton of startup capital, my major concern is being able to get financing if I can't secure a seller carried note.

I am an out of state note investor, and have a note that is held in my companies 401K Trust, where a neighbor is suing the borrower in small claims court.   

It definitely needs updating and might have some minor structure issues.