That being said, these will also have the strictest underwrites, including credit, DTI, and asset requirements. 

In this time, mortgage rates are up 103% and the average home ($417k) would require roughy 50% of a household’s total income.

Mid-term is a made-up term that doesn't change the rules you have to follow.I believe you are in Virginia where monthly rentals require you to give notice 30 days of termination.

The buyer may want to reduce the down payment required to buy a property, preserve capital, increase yield, reduce payment on the loan for a period of time.How does it benefit the owner to carry the loan?

Bedrooms need to be 7 foot minimum for most bank requirements .Fha.

FYI:  Part of the reason for the requirements and protocol is because it really doesn't take much to have lead poisoning at all. 

Always had a desire to build houses, no experience-&  after reading comments, realize I’m a dreamer. 

Thank you Rahul,Delayed financing requires two closings, but it gives you the bargaining leverage of cash purchases while recovering a bulk of your initial capital and providing funding for the rehab. 

While not a big deal in the grand scheme of things, it does create delays and more items that I have to keep track of, that aren't actually productive.I understand a repeat customer may get priority treatment, it's when a desire to keep that customer happy by overlooking existing problems that come up later, occur.

Or, perhaps if you were in public company their reporting requirements would be as such?