We've done 5 units to the studs or near studs before this project but this is the one that was most fulfilling for me. 

We'd done 5 units to the studs or near studs before this project but the cabin has been the most fulfilling for me. 

I found it driving for dollars and the neighbor happened to be pulling into his driveway.It is going to require a decent rehab and probably the inclusion of a 600 sq ft addition to add a bed and bath.

Even if it was, by your own admission, they didn't even fulfill the terms of the e-mail.

While the house checked out with some minor repairs according to the inspector, I discovered 1 neighbor next door is breeding Pit Bulls (the mother was nursing) and the neighbor behind has German Shepherds.

Found that 1 neighbor is breeding Pit Bulls and the other has German Shepards.

There is a greater connection amongst neighbors there and many who grew up there never want to leave. 

It is unclear from your post if you will actually fulfilling FHA requirements as to 'intent to owner occupy' and length of time to do so. 

I think the reason for the deposit to help ensure the tenant fulfills the lease.

Listing Agent has a duty to present all offers to the seller, if they don't they are not fulfilling their duty under Agency Law Guidelines.