I am currently on track towards a business administration undergrad degree.

That authority is called letters of administration/letters of testamentary.

@Logan PembertonHave you ever looked at the Small Business Administration?

Due to administrative error more or less, this didn’t happen.

I manage about 30 tenants, so collecting rent plus all the utilities would be such a pain, it's not even worth the time.

2) The realty company also charges a $400 "broker administrative commission" to the realty company upon a successful closing. 

Additionally, I'm not sure how to help you find a loan, but there's a really good website that has a ton of resources that was started by the federal government called the Small Business Administration.

Its painful but it's a great way to get started.Unfortunately you need to be willing to do what others won't but if you do the sky is the limit :)

Obviously there is a benefit to owning a home and having the great cash flow by renting rooms BUT renting to friends/family can be a pain.

But I had to go to 2 tribunals for landlord tenant act and boy was that ever a pain in the ***.