Even if you did get it, you want to be very careful as long as the bankruptcy case is proceeding.

Is she even allowed to have a dog? 

The downside to holding on to this property is it will need new windows and a new deck in the next 5 years and is on 3/4 acre lot so mowing and yard work are a challenge to have the tenants take care of.

The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

So tread carefully there, too. 

Does FHA care?

My mom and I would like to transfer the title of her home from her to me, in order to protect the property from the costs of nursing home care, if she should ever need it.

Example has 25 out of 30 units been there for the past 2 years and paying on time OR did this owner slam tenants in with deals to fill the place up fast and try to sell off a dog of a property to an unsuspecting or inexperienced buyer?

He let the grass grow to high, his dogs chewed the baseboards and dug in the yard, He put a whole in the garage drywall with a barbell, and the fence is busted in multiple places.