can still buy decent  priced multiple plexes from Fanny Mae.

They'll want to sit and watch TV, drink a beer, and have "just one" inside --- because you'll never notice, right?

This was common many years ago, but if you ultimately want to go with a traditional underwriter (freddie, fannie, etc) then you can get into trouble if the seller (landlord) has been giving you money (rent) toward your downpayment.

.- rental application- promise to pay notice for residents that pay late- notice letters- eviction letters and legal documentation- unit inventory sheets- unit inspection forms10.

This property has tax liens of about 14k as well as a Blight Notice.

I draft all correspondence, rent increases and notices. 

You need to use proper legal notices and follow the landlord-tenant laws for your jurisdiction.

2015 LOW INCOME HOUSING APARTMENT CAPITALIZATION RATE: 10.0% The Appraisal District is giving public notice of the capitalization rate to be used each year to appraise property receiving an exemption under Section 11.1825 of the Property Tax Code for Organizations Constructing or Rehabilitating Low-Income Housing: Property Not Previously Exempt.

Homestyle loans are Fannie Mae, not FHA.

I posted notice to vacate.