There are also some other requirements, here is a good general guide:https://selling-guide.fanniemae.com/Eligibility/Mortgage-Eli...Can I ask though, what rate did you end up settling for to purchase?

What the city told you was most likely true, but you can always ask for a variance if you think that some of the requirements are already in place.But most likely the required new inspections are necessary because it's a new dwelling and the old utilities must be up to new codes.....Just my guess.....

You may not always know what the seller has instructed the listing agent to withhold and what they are required to present, but you can include a provision in your offer that requires  a formal written rejection, and all offers should have an acceptance date and time deadline obviously.

Anyway its a work in progress but if it has the desired effect of getting some of these friends of the tenants to clean up their act it will be a success.  

Lower turnover/vacancies is a result of a desired area to live and time of the year when leasing a property.If you're looking for good cashflow you should look into 43211, 43204, 43213, 43227, and 43222.Taxes in these areas will be lower and you'll have much more room for cashflow but you'll want to make sure you have a solid property manager to help get and collect market rents, find long term tenants, and keep the property maintained. 

A bank can't extort a tacked-on higher interest rate if a borrower won't agree to new terms...terms that would now require unnecessary documentation and hassle.Here's excerpts from their letter to commercial customers I got last week, on company letterhead.

They typically require 20-25% down so it sounds like you're good there. 

@Hans Baum Seller can potentially lose that portion entirely if new buyer goes into foreclosure or short sale, so most who will even consider an assumption usually require a buyer who can go through proper VA assumption process and substitute their entitlement.

Remember, real estate investing requires patience, perseverance, and continuous learning.

So it may just be that your desire for longer term renters isn't compatible with the guest type you're marketing to.