If you have a seller who is willing to wait through the process of getting standard financing approved and processed, they're more than likely better off just selling on the market through an agent. 

We are  @ 4.25%  not sure if that is standard now..

I went under contract for a duplex and going the FHA 203k route, it has issues that I need to get fixed so that it's up to FHA standard.

If they don’t pay on time, we’ll send them the standard notification.

Just make sure you hold everyone to the same standards. 

I'm just assuming they used the standard offer to purchase realtor form.

What version of the 203k are you doing - Standard or Limited?

Essential Health Care Operations, Including:research and laboratory serviceshospitalswalk-in-care health facilitiesemergency veterinary and livestock serviceselder caremedical wholesale and distributionhome health care workers or aides for the elderlydoctor and emergency dentalnursing homes, or residential health care facilities or congregate care facilitiesmedical supplies and equipment manufacturers and providers2.

I don't really care about AC, as it isn't standard here, but I still wouldn't want minisplits to be overly strained. 

Here's the first post, admittedly written quickly: - SBA guaranteed- Renters or owners can request loans- For people who are affected by C19 virus and consequent economic disruption: - Needs a standardized and easy loan process; RENTERS: people bring in their credit rating, proof of rental payments, notice of layoffs or decreased income from job