I put a post on the Classifieds looking for wholesalers in my area as 99.9% of properties on the MLS are priced to high and the ones that are affordable have intense competition.

Then down to the types of managers that will take on D  C class which in many cases is a class below what the investor thinks they won. for those I would charge a big premium as they are so labor intensive based on the tenants living in them. 

Its possible she sees some kind of weakness there for her to exploit and is testing the waters of what she can get. 

- Have you stress tested the deal to see how low vacancy could go to still pay your mortgage?

-Jake Hey mate,These guys are the best IMO and have all stood the test of time:REI NationJWB Spartan InvestThere are others but don't know much about them.I have stalked the above 3 for many moons 👍Much success

- Ah, so this is a question because I want asked for that reason but also to test the loan officer.  

There are many more of this type of property in Durham as older homes with basements are still price accessible.To make it a "legal" or permitted duplex, the process is definitely cost and permit intensive, and in most cases may require you to use a GC or similarly licensed tradesman for parts of the project.

In my test run of Tenant Turner, the salesperson quoted me the exact same capabilities, features, and cost as Showmojo.  

One piece of advice I would recommend if you want to go FHA is getting to understand the self sufficiency test for 3 and 4 unit buildings. https://www.newcastle.loans/mortgage-guide/fha-self-sufficie... 

It will be intense and grueling hours (to be successful) but don't let it deter you.