At least it sits on their credit report and prevents them from scamming another landlord or qualifying for a loan.

Most 5+ unit programs have loan mins starting around 500k. 

Then I would get the bank to loan you the down (800k) on a first lien plus another 100k. all in you would owe 1.7 and walk away with 100k cash to get right into it and fix it up.

If the loan amount is less than 500k, there is a lot less lenders that can do these types of loans compared to 1-4 or 10+ units and rates tends to be higher.

These specific loans allow me to assume/get her off the deed and the loan without a refinance (it's an amazing loan through Mountain America Credit Union) The CG is calculated into the appraised value. 

It’s a big decision and shouldn’t be taken lightly…because you are right- it’s going to take time, effort and money (by way of loans/debt) to get that MD/DO.

The only reason I am hesitating is that the loan officer wanted to run a hard credit pull even to send me a term sheet which was really strange.

I'm what people might describe as a "jack of all trades, master of none" (although at this point, due to my current career, I have a fairly deep understanding of interest theory, loan amortization, assessing risk, and certain other financial topics).

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

VA loan, very close to no money down, but we did pay a little out of pocket to coverHow did you add value to the deal?