it could in that scenario with that big of spread.. play it out.. see if it works.. just don't give them any money up front.. if they fund then you found a good one...I have spent 30 years loaning HM  as a company with 20 employees and a 35 million dollar book.. and as stated .. that's not how HM lenders operate GENERALLY.. but then again your in MI and things are different in that neck of the world.. 

Starting out attempting to do it virtually is just another weight you've added around your neck.

Many articles suggest, when there are two candidates that are neck in neck in poles, that the market is hardly effected by the election.  

@Adam Juodis I found a property I am thinking could be good for a rental, right off 55 and route 30,I know this is in your neck of the woods, If you got a few minutes id like to ask your opinion on this home. 

In my neck of the woods almost everything is constrained by DSCR instead of LTV. 

I am also a new investor in your neck of the woods.

Texas would be the state I would venture into if I were to poke my neck out of my state.

From your original post and replies above, it sounds like you’re on the right track though: let your attorney flex some muscle with the seller/flipper/contractor, and continue to raise hell with the building department, city complaint line, or even local politicians and news outlets.

So 20% higher now than back then...I guess it still works because the values have outpaced even the 20% cost increase, at least in your neck of the woods I would assume. 

If you are in Texas: I would try buy-hold in your own neck of the woods.