@Mario Reyes No one here has access to what is in your lease agreement, so we don't know what liability you may or may not have in this instance.

Also looking to connect with some people on BP thanks a head for your time thanks to you all. 

For instance you may want to limit the value of each to 1mm , which could be 10 properties worth 100k each or just 1 property worth 1mm.

Owner is unexpectedly in over their head on the property about $30,000 after further review of their foreclosure fees and I want to find a solution to be able to get this headache off her hands. 

As you are getting a mortgage you have X days to move-in so you better be clear on this before you head down the mortgage fraud road 2) Raising rent is a two prong process. 

The only concern I have would be the rehab work, if it wasn't done right you might be walking into a head ache.

In more of a sellers market, this is still hard to get under contract as a heads up. 

@Jay HinrichsI’m currently in the design phase of a cottage court development that will consist of 6 semi oceanfront homes on the Outer Banks in Nags Head NC and we are planning on putting them at each home.

Shoot me your email and I'll make sure you get a heads up the next time we have one!

Conventional financing will give you the best terms more often than not, but in this instance it doesn't seem like that is a possibility for you.