It's been 3 month since the last reply.

On a $200k loan you will pay $10K more per year in interest, or $850 more per month. 

This got me looking into 24 month Bank statement Non QM loans to help my financing.

@Jarrod Ochsenbein To meet the IRS requirements to qualify for REPS you need to meet the following  criteria: More than 50 percent of his/her time working in real property businesses; AND, More than 750 hours of service during the year.

What's the best service for running credit that will also show prior evictions? 

It sold for a high price ($165k) and was immediately listed for rent ($1375 per month).

Every month, I  have to remind them to pay the rent.

I again spent about 2 months working 7 days a week until I finished it. 

While we have liquid to do a 5-15k downpayment, we'd like to use a minimal amount of our own money.Seller is not in need of a lump sum of cash, and has said they would be open to monthly payments as a financing option.

Also, after 12 months, could I move out and repeat the process in another property with 3.5% down?