Almost all lenders will allow for seller credit/ financing as long as the seller isn't placing a lien on the property.

Denying Based on Court RecordsYes, you can generally deny an applicant based on publicly available court records, such as evictions, judgments, or warrants in debt, as long as the information is accurate and you apply this standard consistently to all applicants.

As long as both parties know the risk it's up to them to act accordingly. 

So as long as it can provide insurance and pay the bills, I don't care much what it is.

As long as the numbers work in terms of expenses vs. cashflow than you should be a-okay.Also, another thing to consider is sewer and trash.

As long as you have remaining entitlement, the process is about the same.

But he does not have a choice to stay and not renew (as long as you enforce that).  

@Jason ScottI would also take the higher rate and put less cash at closing as the delta as mention is $50/mo which means as long as you refi in next 4 years then taking the credit was the better choice.This is assuming the $50/mo does not have a significant impact on you and your finances.

I’ve found that as long as they’re somewhat insulated and well installed the color won’t matter.

The biggest thing I would tell you is that as long as you build a strong CORE 4 you can invest anywhere.