A good operator should be communicating regularly with the investors and sharing the good, bad, and most importantly the ugly.

I converted my property from a three-family to a four and am now having to get a commercial insurance policy instead of regular homeowners -- it's not a big deal, but it is annoying.

Has the current owner been completing regular inspections? 

Coming to meetings he didn’t need to and didn’t even know he was going too, meeting with us regularly at the rental property to go over construction needs, staying extremely on budget and the willingness to work with us on three separate projects is great.

I don't know anything about selling with them to answer your question, but regardless of what they offer, I'd also check in with a regular real estate agent as well.

If not, then I'm not sure why you can't get a regular conventional investment loan. 

BLUF: Mother-in-law has spent many years vacationing in Mexico regularly, wants to buy a beach front condo in Puerto Penasco as a VRBO.

The activities of wife with respect to the rental properties included, among other things, cleaning common areas, collecting coins from washing machines, performing repairs at the properties, communicating with tenants, collecting and depositing rent, maintaining insurance policies, purchasing materials for the properties, as needed, paying bills and keeping books and records for tax accounting purposes.

(Other then me smelling like 3 month un-washed ape and Goofy AF, rude, don't like people very much, blunt, direct, lack emotion, compassion and allergic to stupidity.... our lead generation game is off the charts.

I've read interest needs to be paid, but it's along the same rates as banks pay in a regular checking or savings acct, which is practically nothing, and not a large enough sum to make a dent in your pocket.