Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook You might consider Niche or Specialized Housing like student housing.

If you develop good relationships (schmooze) with the key people at the store, they will clue you in to the special pricing.

There is actually a special form that the owner and the tenant must fill out in order for the tenant to be billed instead of the owner.I do not pay my tenants water/sewer bill.

If it's good, evict like anyone else, they are not entitled to special treatment.OTOH, agree and keep a govt. tenant.

Why would it be any different than getting cashed out then making the same mortgage on an unrelated property to someone else (Which I can't imagine would be a scenario with any special tax benefits)?

You can buy as you described.Since this is your father, you can use a quit-claim or a special warranty deed, but, you need to modify these standard deeds to reflect the interest conveyed.

There really is no right "special secret" of what to say when you call but just be genuine, take action, keep at it, then adapt as needed.Best of luck!

the private lender i listed before specialize in inheritance loans .They fund mortgages to trust & estate Administrators (Will or No Will), Executors, Trustees .

Congrats; That should make this Thanksgiving even more special.

FHA is not just for first time home buyers, but many states have programs that help first time home buyers fund even the 3.5% down after they've taken a home buyer course and followed some other guidelines, so worth a look into special programs if you're considering FHA as a first time home buyer.