I put in my leases that tenants are responsible for cleaning snow off of their vehicles, the porches, and any walkways the town doesn’t plow.

You would put up a down payment and the rate wouldn't be as good, but it would only be for a few months until the project was completed, then you could re-fi with the VA 100% LTV benefit with a better rate, and you probably would be getting more cash back then you put in, assuming the property value appreciated more than the costs of the renovation.This would also mean you could get more bids to actually compare with and pick the best one.  

Settled at $247,900, 3% closing cost credits, and the seller also put in about $3,000 for repairs.

If you do have to sell in the short-term you might not recoup all the money you put in.

Now if you are not in a rush to sell the property, and are willing to put in the time to learn how to do a FSBO, it can be done.

Check other neighbors in the area what their water pressure GPM- if low 8GPM or lower put in a cistern well, see if any nitrate issues, talk with the county and see the distance needed from your septic drain field before you drill, Get the bad news out of the way.  

What additional considerations should I put in place or ask about. 

Then I work out an estimated rest of life (the building inspector did this as part of his report) and then I put in an estimated replacement cost. 

If you aren't sure if it is a legal suite, find out if permits were pulled (or needed) when the kitchen was put in.

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