Potential applicant is going through a divorce, which she claims ruined her credit. 

Going back to the deed type, usually when you're transferring from personal name to an entity, you're still in the mix, so it's not as if Party B (the entity) would be potentially receiving clouded title from Party A (the individual[s]), but if down the line there's a change on the property, they'll go back and look at that transfer and wonder why the full covenants may not necessarily be represented from that transfer. 

Some tenants have vacated, without paying, in accordance with state law, for breach of contract by landlord.

As for the second option, the 25% down payment is substantial, potentially straining your liquidity.

Depending on the state it could take you 1 to 2 months for the eviction and then potentially another month to get the property back.

While these choices can be striking and unique, they may not necessarily resonate with a broader audience, especially potential tenants.

Hi David,Thank you for your insight, the investment cost does seem high but could potentially be justified.

My initial thought, and hope, is that you purchased the property because it has high upside potential, and that after stabilizing the asset, you'll be in a better position.

Actually, did have a potential business idea for the property as a rental for Daycare. 

When it comes to potential rents when going to refinance how do you determine if the new rent amount will cover the new monthly mortgage, insurance, etc price.