Talk to the seller, but options are to cancel the sale (and risk losing your deposit), renegotiate to lower the price to allow you to fix the problems or ask them to fix it. 

I am slowly going crazy with how expensive Massachusetts is and I am leaning towards looking at cheaper foreclosure properties.I understand there is some risk to this but I am beginning to think this is the only option I will have because of how fast the market is growing.Thank you for any insight you may have!

If they do need financing, then speak with your lender about their new build financing options. 

At the price point you qualify for, I'd be looking at a more landlord friendly state with more approachable price points.

That will be the best spot to meet an investor friendly agent in person or at least meet other investors in your markets that can help connect you to the right agents.

But with perseverance and a willingness to explore unconventional options, you can turn even the toughest situations into successes.Have any of you ever faced a deal that seemed destined to fail?

(This is all coming from a VERY tenant friendly state - Massachusetts)Just my two cents.

So far NNY Homes has stood out as the best available option.

Yes, House Hacking seems like the most ideal option when considering my first investment (open to other forms of ownership, such as live-in flips as well).

I do ground up development and new construction and land entitlement in Columbus Ohio in hotel, multifamily, single family spec, and build to rent so normally we would talk to an intermediary and walk them through the options and together you could make the decisions. all of these are built 25% below market. the triplexes cost 395k to build and rent for $5400 a month.