I do standard rentals with the option to buy using three contractsRental agreementOption agreementOffer to purchaseI have a new eviction attorney who is wanting to combine all three contract into one.Is this fairly common?

If you remain living in your current primary, then you will need a standard investment loan, which requires more down.  

I'm more concerned with discovering a new career path and networking than making a lot of money at the moment, although money is always nice.

With 2-4 units, if you don't have a huge portfolio or if you have a good PM it isn't unreasonable to have a tenant lined up to move in the day after your existing tenant moves out.PM: Instead of using a market standard like 10%, I'd get with a PM company and have them estimate a property that is similar to what you are looking to buy.

I'm giving them some time to address the issues appropriately, but need to be prepared if they can't continue cleaning to my standards and the standards of my guests.

If not, the damages will not be covered by the standard home insurance policy.

Is it lower underwriting standards?

Are you willing to pay - out of your own pocket - to have the OP bring access up to standards?

What is the standard way this is handled in the industry?

Hey everyone,I have recently been approved for a FHA 203k standard loan of 650k.