I'm curious of the best method to ensure I can get the information out to potential vacation renters specially for those gaps. 

Or a partner that could be creative with the funding side of a deal.

In my opinion, the 'deals' are off-market, and require some creativity in order to justify, so I'd start looking there.

What it entails is calculating that 1) your property will continue to cash flow positive during the recession 2) ensuring you're buying in an area that will not drastically impact your house purchase price (in other words, the price drop will be insignificant enough and will recover quickly in a few years).

If you want to ensure that your payment does not go up in month 61, then figure out now what you think the worst case scenario is for interest rates 5 years from now. 

Hi All - this is not a guarantee yet, but I'm looking for creative option to present to the seller.

But there may be exceptions and some states have varying rules, although RESPA is a federal rule.See here:  https://www.cresinsurance.com/what-to-know-to-avoi...https://www.nar.realtor/ae/manage-your-association...I would suggest speaking with an attorney in your area to ensure you are in compliance with RESPA.

I intend to have a structural engineer out to inspect the place as well as other various professionals to ensure the building is in decent shape.

It could be that they have been fighting for these things to be fixed, and the previous landlord promised you would be the shmuck to ensure it happened.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.