Most will be understanding and give you time to get the tenant out and the violations fixed. 

I'm a Wholesaler based out of Shreveport-Bossier City, LA area.

What to watch out for?

The estoppel is a form filled out by the tenant, then confirmed by the Landlord, and then accepted by the Buyer.

I am looking at a prospective out of state long distance deal that has been difficult to obtain lending on as there is both a regular home and mobile home on the same property and the mobile home causes the potential investment to not meet conventional guidelines and therefore not even DSCR loans are an option.

The challenge is I'm out of state, so I can't physically deal with incidentals. 

There is no perfect software out there.

If you have any tips you'd like to share, please feel free to reach out. 

Let me know what you guys think I have about 70 K in liquid cash $250k in a heloc , so total is $320k I’m working with Option 1: Go 5% conventional on a two family home which would be about 90 K with down payment and closing costs , I am preapproved for 950 K .

After fixing it I would then like to rent it out and get tenants in place, and then refi to a conventional loan without doing any cash out.