A seller can't control the source of funds, if in a sale contracts wher the type of financing is mentioned, it is only to give an indication as to the time required and type of lending requirements to expect, and if the type requires the seller to pay any fees they are agreeing to do so if that financing is used.

@Jaclyn HartyYour profile indicates that you are purchasing properties with your brother.

As indicated this is basically free money.  

@Chase HooverYour question indicates a fundamental flaw in how you think about your company: you're not mentally separating the company from yourself(-ves). 

You don't indicate what your exit strategy is but using the information you provided (ARV 160k & 30k rehab) if you are wholesaling you'd want to be in the 70s since your end buyer would likely be in the mid-80s; that allows you some room for negotiation. 

I tried googling and looking on the events section here on BP with limited success of finding any events or groups (I'm not sure if that is due to COVID or just indicative of the area).A little information if it helps me get to the answer I need: I am interested in getting into multi-family properties, via house hacking to start.

I wouldn't call it gray just because that indicates a spectrum between legal and illegal.

Some indicators of property run by a slumlord include number of police calls, and city and county code violations on the properties.The following is an example of a state statute defining slumlord property:" 3.

After notifying the caseworker of intent to vacate, you should receive a "good standing certification" from the caseworker in which you indicate if the tenant is in good standing or not. 

Further, central bankers have indicated they won’t raise rates again until inflation tops 2% for an extended period, an outcome that’s unlikely in the next year or so.New Foreclosure Rules.