Since we're talking about a primary residence , you could also mess up your 121 capital gains exclusion if you sell within 3 years of making it a full rental.More risks than potential rewards IMO.As long as the Grantee entity strictly meets the definition of Insured as shown in your title policy you should not impair the coverage. 

As long as your cash flowing and your willing to acquire a job.

Can I get a buyer to come in and buy the house as long as I don't have a contract with the buyer?

We have only purchased apartment complexes thus far (1,500+ units), but have strongly considered alternative investments like mobile home parks, as long as the numbers make sense.

Lastly, during that first year of occupancy in which you are required for the property to be your primary residency, the other units can be rented out to tenants as long as you are staying in one?

1-4 unit residential lending is pretty cut and dry, and as long as your lender knows his/her stuff you should be fine.

The bank will never know that the woman is deceased as long as you continue to keep the mortgage current and the insurance current. 

We learned that cheap contractors are not worth saving a few hundred dollars if it means they take 10x as long as they expect to finish the work.

In order to get the real value of the gifted equity to be the same 5 times as the paid equity, you have to get all that equity out...and into the next REI...as your new paid equity, where the entire amount has a real value of 5 times its face value.Equity has a lot of value...as long as it's moving. 

If you appear to have some good, qualified renters then your risk is minimized and I would attempt to close as early as possible (as long as due diligence is competed) so you can get the keys and show the property ASAP.