Some sellers are dishonest not thinking some liens will be caught and others are so distraught with problems they are dealing with they have no clue what is attached lien wise to the property.This is why if you write the offer to expire with proper language you CAN but are NOT obligated to accept once the bank approves.

You have made a very wise choice in becoming part of this community.

Construction-wise at least...I wish I had some more specific questions but I really just want to get a feel for things and maybe get the compass pointed the right way.Thanks guys!

Hello Wise BP community,I have checked the rent comps (Rentrange, city-data, Zillow, etc) in the area and the numbers do not add up as suggested by the realtor. 

I have saved $20,000 so far and I would like to invest it wisely.

There are many things that need to be done mechanics wise. 

@James Wise Thanks.

At the end of the day just make sure you are investing wisely.

It might be wise to avoid BOTH of them.

You can learn about all the creative financing and almost no money down strategy among other things. 10k is a lot of money so use it wisely.