Purchasing a STR in a somewhat sketch area is a terrible idea and as others have mentioned, is going to open you up to potential issues. 

If you want to provide your property's address, I can give you some additional feedback. 

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

Hi Juliet,If you have a US primary address and good US FICO, you should be able to get full LTV (80%) with rates on-par with US citizens with the right lender/broker.

(Ironically, I'm sure a good portion of the people arguing against development are also upset with the government for not tackling the affordable housing issue.)If I were WIP and felt I just got cheated out of my right to develop that land, I would have put a fence around it. 

The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.

There is no issue with eviction for non-payment of rent during the winter in Wisconsin.

You are micro-analyzing the minutia of each offering, but that's not really the issue.

Usually an issue if older door is salvaged and new locks are installed that don't quite match up with the old door strike plate location.

That's the reason why we sign leases in person, so we can go over the main issues in person and make sure they are understood.