This is a hoarding situation in and on the whole property where neighbors have complained for years with police out on a regular basis and drug use that now the property finally got condemned and they will most likely just walk away from the property and leave it( you would have to see what is outside of the house to believe it).

Every day people die, start a divorce, move a parent out of a home and put into assisted living, there IS deals to be had there, your just not tapping into them. 

Assignee acknowledges and agrees that it is purchasing the Subject Property onan “as-is” basis and based on its own inspection, investigation, and/or evaluation thereof.Assignee is not relying upon any representations of Assignor, Seller or Seller’s agent(s) toinvestigate and report on the condition of the property.

This had 2 different interest rates, though so you'd want to look into what you would be paying on a monthly basis with that blended rate vs actually just paying the PMI. 

Your lamp, that you use everyday, is most likely two prong.I have had the occasion to touch bare wires of the 110 volt variety and though I feel it, I'm still here to discuss it.

If you examine all of these questions, which we all read every day, there are a couple of apparent things missing that make them impossible to answer:1. skin in the game2. research done before posting3. why the poster is asking (background)4. camaraderie (just give me what I want, I have nothing to offer)

There are investors buying in every market every day.

Also, I have done a couple of non recourse loans with Private Lenders on a shorter term basis.

To the IRS all costs to get any Asset ready for it's intended use are added to it's basis/ capitalized. 

Then those ARV & ACV values are the basis of determining if a new listing is over or under priced.Are you working with actual transaction-level data in your market, where each row is a transaction with columns like Address, Lat, Lon, Close Price, DOM, Listing Description, etc?