That shows a little cooperation.I would probably try the cash for keys method I hear a lot of people using now a days.

If the tenant threatens to call the Health department,  see step 3.  3.

I know traditionally with the BRRRR method, most lenders want a 6 or 12 month seasoning period of the property being rented.

What steps did you take to verify the information?

I would have personally recommended using a different method to avoid some of the issues you're seeing now. 

Others are banking on the market being hotter than the cashflow and therefore wanting in because they think appreciation is their investment method of choice. 

You may say that is what your original post is about, but at least the hotel lobby isn't operating in an underhanded, outside-of-the-rules method. 

Alternatively, you can try to get a private money loan or ask the seller to finance a portion to reduce the down payment, but typically equity is the preferred method when you need funds for a down payment.

Hi Everyone, I'm excited to be starting on this new path to financial freedom.  I live in Bay Area and am interested in NC (triad region) for buy-and-hold (rental) because that's where my extended family resides and B...

What should my next step should I try to get it under contract?