@Craig Holland Land is often sold with owner financing, in part because buyers have a hard time financing it, and in part because buyers often only need a short time before they can build on the land and refinance out of the seller loan. 

So I get your hesitation to be too demanding and your desire for the problems to go away as fast as they can, however since you have NO property manager ( I don't use one either), it is incumbent that you take a more ACTIVE approach with management of your property.Let's review your situation.  1st time leak occurred, you sent a plumber over to find the problem.  

Be sure your lender is comfortable with this, as many fear giving folks primary loans for properties they view as having a high probability of being turned into a purely investment.

You don’t have to pay $20k+ to learn to broker loans. 

I see little benefit in the FHA as an option as long as the 5% conventional loans are available now.  

More syndicators go out of business and wind up in foreclosure and/or lawsuits to enforce loan guarantees. 

I’m writing to get general thoughts on this situation.

(I work with some challenging populations and the extra effort has paid off in these situations.) 

I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.

Like I mentioned to Eliott, I'm very young and I can't get a loan.