Fannie Mae Homestyle requires the repairs be done within 12 months and will have less restrictions than the 203k but you need to remember that the lender is securing your loan against the asset (this being your home) and as the note holder they want the work done to secure there interest in the collateral. 

We have indentified management as a huge opportunity and a reason for its lower than market-rate valuation.

I make decent money ($70K per year) and I have two properties right now, my primary residence and a rental property.

It also reinforced my thoughts that a clean sweep sale and a 1031 into better performance would be a good plan. 

HI @Will Kirkendoll, Definitely have the current tenant sign a new lease, and as Brian mentioned have them do a rental application as well.  

You should already have a lawyer and a contract drawn up with your brothers.

I would find an alternative way.  442's are not on every corner car lot and as time goes on they will be harder to find.  

Above troubleshooting doesn't mean you couldn't have both a Supply INPUT Issue, and a Sewage OUTPUT issue.For Sewer System Leak, you'll need a plumber to do a Hydrostatic Test. 1.

They charge a set-up fee and a transfer fee for every payment.

Please be careful and talk to legal counsel and a CPA on this.