My post broke the quick math down of your hypothetical situation. 

Quote from @LaShon Evans: Looking to get started this spring with the purchase of my first SFH for a LTR situation. 

I'm digging myself out of a bad financial situation.   

Any other options you guys may suggest if you've been in a similar situation I'd love to hear it ?  

I'm in a unique situation in that my uncle has "given" me his old house after he relocated to be closer to his siblings.  

It's honestly a very sad situation and I am convinced they are simply in way over their heads. 

I was in a similar situation for my second house hack.

If his landlord reference for the past five years is good, that would weigh much heavier than his eviction.Based on what you've shared, I think this is a low-risk situation, and I would probably accept them with a deposit equal to one month of rent.

Have you spoken to multiple banks and loan officers about your situation.

No two situations are ever the same.What’s a challenge you had to get creative with recently?