There are a number of methods to reattach loose corner bead, but you MIGHT need to replace it, but that's not a big deal. 

You can also arrange, with Low and No Money Down methods, to Buy a Rental that you would live in and just move from one Tax-Free Residential Sale to the next one, for the rest of your life.

(2) How legitimate is it to say that I "might" live there?  

Your only out is to either evict them on legitimate grounds or, when their lease is up, you explain that they need to reapply to meet your basic standards to move into the unit.

(Reminds me of some RE investors, LOL)His system to teach was the "Think Method" if you think you can, then you can!

For rentals, that is a long-term investment and you would not be able to get the money out again in a short period of time (the fastest way may be the BRRR method).

If you're new to this, I highly recommend listening to as many podcasts as you can to learn about all the different methods people use to invest.  

I am methodical and patient so when I purchase, the deal is 100% worth it.

Maybe in the future if we can refinance once we've built some equity I would consider turning it into a rental, especially since there was a lot of legitimate interest because of the location.

Some is legitimately off market, while others are not.