@Sam Valme The restrictions are you talking about are internal overlays/restrictions of the lenders you have approached/worked with.

They can do almost everything, and know how to handle the odd situations that come up, because they've seen it all before.

Rents in the area go between 1,200 and 1,325 (one listed at 1,325 right now).Home needs roughly 10,000 in TLC (paint, flooring, odds and ends), no other fees or assessments on the house and it has a clear title.House is currently rented well below market at 800 a month and can and will be increased this year (February).FYI. this house is not currently on the market.Thanks in advance to all those that reply :D

Are their any restrictions on where the down payment should come from?  

The 1 year restriction is for owner occupants only

Your imagination is the only restriction.

For buy and hold rentals, I like 2-4 unit properties....on the sf versus condos, I have done condos and you just have to look out for more issues related to rent restrictions, dues, assessments, reserves, politics, etc. but people make it work, often buying for less than a single family and letting the association handle exterior maintenance.

Louis has more restrictions when rehabbing buildings than Kansas City does, so this might not be a viable solution for your window issue.  

Odds are that he will work out a deal and it will end on a cordial note.

Some restrictions apply.