The choice is yours, so you do what allows you to sleep at night......

“If you are single and of relatively low enlisted rank, the choice is pretty simple.

Stand behind your tenant choice.

Your choice of contractor & close attention to the SOW costs will be imperative.

Your choice.

If you feel like contacting the owner regardless of what the county tells you then it's your choice. 

Please note cash reserve requirements; If the borrower has 1-4 mortgages, an additional two (2) months for every other SFR investment property and second home is required and additional six (6) months for every other 2-4 unit investment property and second homeIf the borrower has 5-10 mortgages, An additional six (6) months for every other investment property and second home.

According to Chapter Five, “An outright gift of the cash investment is acceptable if the donor is- the borrower’s relative- the borrower’s employer or labor union- a close friend with a clearly defined and documented interest in the borrower- a charitable organization- a governmental agency or public entity that has a program providing home ownership assistance to low- and moderate-income families, or first-time homebuyers.”

Also any recommendations on a bank to do this with that offers good rates, will borrow above 80%LTV, and will cover the appraisal.

The Loan is in the borrowers name, and the borrowers SS# is on the 1098.