@Moshe H.If you bought enough insurance like 1M, most people would consider that sufficient. 

The borrower must have sufficient assets to close after meeting the minimum reserve requirements.

Sell2. refi or further encumber3. lease No different than if you paid cash for it.However be quite cautious with this scheme.. it should only be done by those that have sufficient reserves to weather 3 to 6 months of no income .. and you still have to pay the sellers mortgage.As well as the due on sale clause.. its not a huge issue for you.. but its very dangerous for the seller if the seller cares at all about their credit and has walked away thinking that you will make the payments on time everytime regardless of circumstances.

If it's to hold for the long-term and if the interest rates allow you to sufficiently cash flow, I would go with 30 year. 

If you're planning to do all cash or you have sufficient income, then there's no 2 year minimum.

Marcia Maynard Investor from Vancouver, WashingtonI'd make sure your security deposit is sufficient to cover any damages that could incur so you would be able to deduct for damages from their service animal if the case arises.I'd also require proper proof of vaccination for the animal.

Working full time in a software job (email security).ExperienceI’ve completed 14 real estate transactions, all of which have been single family homes.Real Estate GoalsCreate a sufficiently large income stream to cover my living expenses and more.

Depending on the lender they may still only finance to a maximum based upon the purchase price if you are within 45(ish) days of purchase.If you are confident the property will appraise sufficiently higher than the purchase price, you can Close with cash or with "open" financing {aka an Open Mortgage}.  

Thank you for reading.It's in sufficiently horrible condition that putting $50k into it will yield >$50k at the sale, same with $75k or $100k, but it doesn't sound like anyone has the capacity to do that.Honestly, I think the solution here is just to list it.

A disregarded entity pays far less in taxes than you would in another structure that incurs double taxation.Insurance costs, special assessments, sufficient provisions for capital expenditures, property tax increases, legal bills, etc can all pop up and force you into the red.Moral of the story, do your due diligence properly.