The property was converted from an oil based heating to a gas based heating system.

I plan to spend extended periods of time stationary in some countries to learn foreign languages, vagabonding through other countries, with stints in the USA for fly fishing road trips and visits with friends and family.

Bakersfield is far from the bottom as prices have appreciated a good amount in the past few years, but pressure from oil industry layoffs have keep prices lower than other areas of CA (some of which are pushing all-time highs).

It seems to me that the Katy area is getting hit especially hard with the drop in home sales over the past year with all the layoffs in oil and gas.Sharon, I would love to get some lender referrals from you.

The market it hot but like the old saying goes you have to go fishing everyday if you expect to catch some fish.

for me I would just pass to much bad ju ju  other fish in the sea

@Matt Fish, I have been involved in a deal that ended up with B2R financing, and the process was pretty smooth, if you ignore some hiccups.

I imagine that during this lull in the oil market, I may be able to capitalize on both a value proposition and growth here. 

I just need to make sure I get through this deal and don't lose the fish.

Sure if undisclosed it could be large enough to kill the deal but so will foundation issues, oil tanks, sink holes, unpermitted additions, easements, zoning or a host of other DD issues common with distressed properties.