What made you interested in investing in this type of deal?

Here are the main indices of Loan Underwriting (keeping it simply):As-Is ValueAfter Repair Value (ARV)Loan to As-Is Value (LTV)Loan to Cost to get to ARV (LTC)Types of Lenders: Conventional or Hard Money (there are others but let's keep it simple)Conventional Lenders will look at the AS-IS Value of the property and on Residential Properties will typically loan up to 80%LTV or up to 80% of the Purchase Price, whichever is lower.

You will most likely see this with much higher priced properties or maybe if you have an established relationship with the bank.For the single family and 1-4 multifamily investors out there a lot of private money is now catering to these types of investors, think B2R and Lima One Capital.

What made you interested in investing in this type of deal?

I think the best option is to search based on the property type your trying to pick up as the next REI.

I find that you can often times get a better purchase price to rent ratio in single family here since there's more inventory of that type.

Just make sure you know the rules for loans with a non-occupant coborrower, as depending on the relation (whether they are a blood relative or not) and the type of loan you plan to use, there can be additional requirements for LTV and DTI.

Am I crazy to think I’ll find those types of terms again?

He has ignored eviction warnings in the past and despite having his water and electric disconnected he maintains some measure of residency, as does his large pit bull type dog. 

Jesse Vasquez has an active MTR group that may be a good place to start.It's a combined type arrangement where they find and place the tenants and I handle the maintenance since I'm close by.