We generate our own lists through driving for dollars, a public record of properties going into tax sale that you can probably Google for any city, and public records for inherited properties and evictions.  

I can definitely get those numbers on the coast here, but it would definitely be a push to get that in a non-coastal city.Cash out financing: I would talk to a lender about how easy it is to do a cash out refinance.

- refer to the original depreciation schedule but "pause it" so that I pick up depreciaiton as if no years had passed in between rental use (this doesn't sound correct, but it's an opinion I've come across in my research)- start fresh and ignore the previous depreciation schedule, picking the lesser of an adjusted basis (original home purchase value minus land value + improvements) or fair market value minus land valueI have spent several hours looking at IRS publications and searching forums with mixed or no advice.

I ve tried to find such lists online in the hopes it would be public information as most things are today, but had no luck.

Is he trying to get a non recourse loan or does he not have enough money to qualify?

Due to low owner occupancy ratio, I understand this will be a non-warrantable loan.

I would of course immediately call that lender directly (if I weren't myself a lender then I'd have my agent make this call; good agents have strong "the lender is throwing spaghetti at the wall" BS detectors) and drill down on how many 100% CLTV commercial loans said lender has done in the last couple years, and ask for property addresses so I (or my agent) could validate from public records (which takes ~5 seconds for a RE agent or lender to look up).

Both non-toxic common varieties. 

Commercial mortgages, too.Local lenders, direct non-bank lenders, correspondents, or mortgage brokers (whatever name you want to use), are where you want to go for purchase mortgages and cash out refinances.

- very easily pulled up in public records (she should be able to pull it up for you while you are together  (1 minute)(**********************************The odd thing about it for me is that she is willing to give up $12000 of profit, when she could just put the expenses on a credit card until the home sells, or take a cash advance which would stll be cheaper ********************  something may be off here.