That enables you to buy around 550k with just 3.5% down payment.

If it was fair, it wouldn't be the cloak and dagger system that it is which was built to project fairness to all, but enable backside bidding and price pumping.

Much of the content that i've read about real estate investing makes mention of the need to build a solid team to help enable success.  

I wish to stay in this area due to the BAH rate (money I get from the VA to pay for housing) the San Francisco colleges enable me to have, and the cheaper cost of housing in Sacramento.  

So if I paid $160,000 Cash (from HELOC) for a property, I would need to make sure the property will have an appraised value of $213,000 or higher after rehab which would enable me to meet the 75% LTV refinance parameter for a Fannie Delayed Financing loan.

This is an incredible new loan structure in my opinion, enabling a lot more people to understand and act on their desire to buy and renovate. 

I would speak to a bank that does FHA loans and discuss the PMI and the fact tha you Bankrupcy is over 2 years old:Get an FHA loan – Federal Housing Administration (FHA) home loans enable home buyers to get a home with less than 3.5% down.

I want to work and don't care how much I get paid, provided I am doing something that will enable me to learn facets of real estate investment that will further my knowledge. 

As for the future, your task is not to foresee it, but to enable it." ~ Antoine de Saint-Exupery

If seller financing is out, agree on a price that will enable the landlord to pay the $30k assessment out of your sale proceeds.