I don't want to be negative, please take all this with a grain of salt, but just make sure the physical property is in good condition because renters (especially low income/Section 8) tend to beat up properties and when you only have one stream of income, it can crush you.  

Hi Christopher,I usually advise clients to seek a smaller lender; with the large banks you're often just a number. 

Now all her renters are the same people who rent year after year, Usually they keep the same week each year. 

They are great for short term debt that you will pay back quickly.If there isn't a solid plan to pay it back quickly, cash out refi usually makes the most sense. 

How much is usual commercial broker commission?

In my area, they are usually posted on meetup.com, but you can connect with people on the local forums here on BP.

Having the place declared uninhabitable usually works to the advantage of a tenant anyway, and may require the landlord (eventually you) to make repairs to make it habitable (although a tenant's recourse is typically withholding of rent, so ...).  

Cash buyers usually get them pretty quickly.

They will lend to my LLC at 80% LTV but I usually take less. 

And if it is peeling, about how much does it usually costs to scrape and repaint the entire interior of a 1000-1500 sq ft home?