Look for undervalued properties, explore FHA loan options, and consider mid-term rentals to maximize income.

I'd also be careful when using a heloc for the down payment and getting a loan on top of it due to the zero equity situation -Be safe!!

Regarding insurance adding additional umbrella insurance is great idea. 

It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

in what I just laid out, you'd make monthly payments to the seller just like you would to a bank for 5 years, and then the remaining principal balance of the loan would be due, at which time presumably you would refinance the house into a commercial mortgage and use the proceeds to pay off the seller. 

If you have any questions or need help on a loan, DM or email me, I'm licensed in Georgia.

Clouded titles are often uninsurable from a title insurance perspective. 

They'll loan on a rental portfolio. 

The friend who shared this deal with us offered to provide the loan.

Quote from @Max Pergament: Quote from @Matthew Irish-Jones:Licensed and insured to manage third-party properties.