Because of this our house makes a horrible rental.  

So here are my burning questions if anyone can help me because I'm in love with this house but I've read all these horrible stories about nation-star and homesearch being a bad company and misleading people with paperwork not correct or incomplete or not disclosing all the details up front and asking for all this money and then when folks have a chance to read the paperwork they get after the auction they want to back out because the title wasn't cleared or whatever the case may be.

How horrible does a house have to be before it can be condemned?

Most of the people I see at the range, and how they shoot when they are not in a high stress situation are pretty horrible shots, and the fact they are carrying cause me a bit of concern as they don't have what I feel is proper training.

Quicken loans is not horrible, but using a local lender, especially for more non-traditional lending situations, just makes sense for a number of reasons.

Spreadsheets will tell you what to do from there.As for the PM....yeah i'd replace them too.        45k investment plus maybe 5k in damage/treatment isn't a horrible deal.   

the lot is 0.6 acre.The condition inside was pretty bad, nothing was working. it smelled horrible.

Like Fox Mulder, "I want to believe" :-)I used to chuckle at people here in Maryland who'd say something about how horrible Detroit is when I mentioned I used to live out that way.

I will reiterate What Brad said, Zillow is a horrible place to get your comps and even the appraisal districts website is usually not accurate.

Cash-on-Cash return gets horribly skewed when you're coming to the table with so little money, anyways.Smaller properties operate on thinner margins so you probably won't make much more than $200-300/unit (after accounting for all expenses (and I mean all!)).