I'm not a lender myself, but I've come across Bryt Software a bunch of times.

Time is running out Wife and 3 Children LIVE in the home and want to CONTINUE to live in the home as the Children are entering or in High School(a painful time to have to move or relocate for all) - YES lots of emotions all around involved.

For a group like this, even with experienced investors, you have to prove that you have that experience which can take some time, and on top of that they tend to need a certain experience threshold within a certain period of time (usually 3-5 years).

That happens in my market all the time. 

Say that enough times and someone will ask "Well how much would you need?"

It may require you to maintain a specific liquidity ratio over the life of the loan, or maintain cash reserves equal to a specific number of payments, or upon inspection prior to the loan being Funded, Require you to come out of pocket with cash, for instance, to replace the roof because it has more than two layers on it, replace or grind concrete that has heaved, or embark on a program of replacing balconies that have rotted within a certain amount of time, et cetera...

A couple great things are that almost all units have full kitchens so you can get the best financing terms, and that the units come with parking.  

If it is assigned parking, contact the tenant in writing and let them know that they are not to park there and next time they will be towed without warning.

Although people divorce all the time.   

You should know the area on a house by house level ideally, and you won’t get that kind of market knowledge by visiting a few times.