The one-year timeframe that many people mention is a good general expectation or rule of thumb; most loan programs dont have set-in-stone defined periods for this. 

The key is really in location (close to campus and public transport), setting clear lease terms, and sometimes even renting by the room instead of one lease for the whole house.

There is also a New program that just dropped the down payments for 2-4 unit investment property purchases to a 15% Down Payment making it easier to afford for inventors now.I am also hearing about a lot of "subject to" deals people using Pace Morby's method or cruising on Crex to find deals.  

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Metrics: Avg/Med Rent, Available Rentals, Market Temp, Average Days on Market (DOM) from the amazing data Zillow publicly shares.

AS for asking the public to help you with legal fee's that seems a little bit of a stretch.

I'll mention one (since we update our listings with some of the improvements and it's already public)- heated walkway to the hot tub.

They can only answer publicly available information though. 3.

Try this link: Publication 5653 (6-2022)

This criteria is for 1-4 and 5-8 unit programs.