@Jesse HepburnThis is a tough situation, but I would not be trying to do seller financing with them, and an influx of cash from a sale is most likely not going to be beneficial for them in their current situation.

I'm not sure it would work in the way you're thinking in the mainland because lending/liquidity is difficult here in this current market.

CONTEXT-(30k in credit card debt, split between 4 cards, mostly in charged off status)(one vehicle loan that was charged off, is now caught up to current, not paid off, 50k original loan amount)(some card companies are contacting me trying to make a deal, so likely only have to pay 20k of debt off.

Currently I do have two other investment properties in the Northeast and want to continue to acquire more but also want to take advantage of the lower cost of homes down here in the Houston area.

I am planning to leave my current brokerage. 

My property is currently my primary residence. 4) Can I even register the property as a rental property when it has some serious code violation issues that might affect the safety of residential use: such as electrical issues, roof restoration, etc.? 

There is really no wiggle room for reconfiguring layout— and not worth simple hardware missing (in my opinion).here is a photo of the current setup.

Currently, I don't manage a STR but we do manage our LTR ourselves (I know there are plenty of differences) and as we are currently looking for a STR to invest in, we would do it ourselves.

Our current lease, based on a template, prohibits subletting, so I’m not fully aware of the pros and cons of this arrangement.

Your lender may be different and I would confirm how they will handle, since they already have one appraisal in hand.If you do go second appraisal, I would be sure to supply both the appraiser AND the lender a copy of your current lease.