(this is called reserves) On a 300k price 15% is 45,000 but you would need closing costs and the required reserves for your particular situation as mentioned above. 

This area is really in need of affordable housing, but with the large down payment requirement it rules out this option for many.

She refuses to do so, bc he has legal issues and want qualify and meet the lease requirements.

Note if they move you will want to be sure to send them an accounting of their security deposit within the required time.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain. 

Do you know trustworthy contractors that could complete the required work?

You also may be required to have certain drainage features built into the land, building setbacks from the curb, number of parking spaces, number of handi-cap parking spaces, space for trash, et cetera.

It might be cracking and heaving inward which might require both dealing with exterior ground moisture and also stabilizing the foundation from the inside with one of a few options.

Have several SFP but want to expand.Nothing specific as far as requirements as long as the deal makes sense and you don't have to squint and hope the numbers work.I have 2 Equity Partners looking to do deals but they have a little bit of a gap in what they are looking for.

Currently in the process of replacing stuff (water heaters etc), because they are old.