I have had my eye on Cozy for many years, just didn't need to use it because my "inherited" tenant has been really good.  

or anything else, and the cat/person/carrot selfie would have been exactly what I asked for, nothing more and nothing less.Put 21 days in your head as fastest possible w/ conventional & just assume you don't have going for you what the 11 days gal had going for her.FHA 203k is for something you find off market, for the most part, or something you inherit. 

All investments carry risk.So, the answer to your poll is: zero.... though, I suppose someone here may have inherited a fortune and can afford to throw money around without regard to the consequences.

Because the tenants on the second floor have a lease until 9/30/17, I will inherit them.

First thing yo need to do is forget about leaving a inheritance, concentrate only on achieving your own security.

I understand that many new investors see inheriting tenants as "guaranteed rent" but that usually isn't the case.  

Did you inherit tenants? 

Lenders do not speculate, and yes indeed you may need to dig deeper into your pockets to lessen the lenders risk. 

I am turning a unit in Omaha with an inherited tenant whose unit contained, grease all over stoves and vents, cobwebs/dust on walls, really bad odor (cigarettes), blackened floors and shower.

These are generally Not Fixers - Most sellers in this situation either:1) have to sell quickly or 2) don't have enough equity to cover real estate fees, closing costs and other fees or3) don't want to or can't afford to do repairs and or don't want to have people traipsing around their house or4) have bought another place and are carrying two mortgages or5) lost a job or have a medical emergency, etc or6) are in pre-foreclosure and have to do something quickly or7) are inherited with a mortgage and can't make the payment or8) have a job transfer and need to sell quicklyI allocate $25,000 per property.