That said, getting your license or performing the transaction without violating licensing laws is certainly the way to go.

We were not afraid of the terrible state of the condo (divorce settlement sale in need of major repairs including extensive plumbing work).

Yes, you are 100% allowed to sell a non performing tenant occupied property. 

I'm not sure I want to work with a flipper in the future since the quality of work was so poor and they only performed the minimum work.

Any helpful extensions or software?

I would like to know how you guys deal with non performing GC’s?

I've had some cases where the lender has stretched to 1.20 DSCR if the location and tenant credit is stellar...however, this has typically only happened when the appraisal comes in lower than expected and the lender really likes the deal...they then lower from 1.25 DSCR to 1.20 DSCR to close the deal with us.I suggest Reverse Engineering your search.  

The extension is for our aging parents. 

They just care that their asset is performing - as long as it is, they won't throw away money by calling it due. 

To stretch the title to proper English, I have an FHA qualified Buyer.