I have a 6 unit building and I'm trying to move away from having to go down to the building monthly to collect rent.

For safety reasons, some agents won't show homes without a pre-approval letter or proof of funds, so it's best to get pre-approved as soon as possible.

In any event, I'm not concerned about it as I'm collecting a little extra to compensate for the inconvenience of her possibly leaving in the middle of winter or something. 

For investors, this means you can sit back and collect rent.

I would imagine a signed lease, showing a tenant will be moving into your SFH when you move out would help the lender feel more comfortable with the fact that you're honest in your intention in moving into the multifamily. that is a fantastic idea. what better proof can you provide to the bank that you will not be occupying your primary residence any longer. 😁 

And, if you have ever attempted to collect from a third party co-signer/guarantor, you would know that it's best to have tenants who can hold their own financially.  

But currently the only proof will be pay slips and appointment letters etc, apart from 2020 returns filed in the US. 

The other thing is you can just hire someone a la carte to do all the marketing, showings, tenant screening, and such and then manage the property month to month (collect rents, field calls).

Have you learned during this due diligence period that the income collected over the last year does not support the needed income to make this deal a sound investment?

@Theresa Harris@Theresa HarrisI am good at day to day property operations, I find ways to increase the efficiency of property systems such as boilers,HVAC, energy consumption, water consumption, I make sure the systems will last longer,I make sure the occupants in the building are safe.Basically maintenace, preventive maintenance,repairs, managing tenants,collecting rents (even though its not my job,I do it), I make recommendations to the landlord on how to save money without sacrificing the comfort of tenants and I do my best to avoid defferred maintenance.My father does construction (20+ years,he operates a small construction business) maybe I can put him on my teamThank you for answering