The general understanding throughout the industry is that 2 tax reporting years meets this qualified use rule.

It's best to work with a broker that has a great understanding of various underwriting guidelines. 

I want to further expand my knowledge because I dont understand much of real estate terms, taxes, and everything in between. 

The showers/bathtubs are a really odd blue color, but are in really good shape so I was leaning towards leaving them.

@Brandon Smith my understanding of cash-out refi is they may not allow it if it’s been listed for sale in last 6-12 months, so check on that.

Commercial brokers understand that seller financing, either as a first lien on property the seller owns free and clear, or as a second or wrap, can be necessary to conclude a sale.  

I understand that the age and quality of the home will impact when these expenses become due, but I'm curious if I could get somebody in the Austin area to take a look at the estimates I put in here: https://docs.google.com/spreadsheets/d/1jgP6aod25qWJzKWQXhto...

If you can find a way to dress up the listing to look more appealing this will help with your best odds.3.

Also, make sure you read through and understand their warranty process.

I will be traveling to the 2 locations next month and want to get an understanding from someone who has done this how they approach it.