I initially wanted to rely on the caterers rent, and the rent from the cottage next door, while living in the main house (using the money to bring it all to FHA standards).

There were a lot of Brooklyn Park landlords at the class so I was assuming it was mandatory.Yes, the initial $500 fee is to "convert" the house (single family) from a owner occupied to a rental.

However, when I see properties in north Tacoma that are being rented for $1500, my initial assumption (before probing the listing agent for 100 questions) is that the owner of the property acquired the property a good little awhile ago.

Its all about screening the tenants and verifying income and checking w/ prior landlords.

PM me for further ideas of what can be done to get a discussion initiated and get them moved out.

Is a visual inspection, unless required a more intrusive inspection which will be something specialized after your initial inspection, and will be done from a specialized inspector. 

Also, get at least 10% down from the end buyer which basically pays you back your initial money.

Just make sure any request does not initiate a 'hard pull' of your credit.Open more accounts.

The plan is to sell it with owner financing, and then selling that note as a partial to recoup our initial investment. 

We just initiate the 72hr notice at 72 hours, the eviction would be happening after that... by the book, exactly as we stated we would.