I sell houses all the time by just listing them on Zillow, so don't think you need to pay a listing agent and if the buyer doesn't drag their realtor into the mix, you might not need to pay a buyers agent either. this is a cautionary tale of the risks of remote rehab with little to no experience looks good in the book but in practice can be very very difficult.. stick close to home.And also paying too much for a property at a tax sale that you don't know the condition of the property. 

Age/condition of major items when you acquire.

It’s similar to the 203b, but it allows you to buy properties in conditions that the 203b loan wouldn’t finance.  

If there are three people and one or any has a weapon I am going to have to take their life over mine if I can't get away first.You always want to try and get away with your conditioning.

@Joel Mora what condition is the home?

Most new development is well over this mark and, since there aren't likely to be many more complexes built that offer decent living conditions for lower-end rents, there is probably some room to raise Class B/C leases in the coming years as more people move into Louisville.And, if things do decline, the "luxury" crowd is going to be looking for cheaper digs. 

Seller's current asking price is $525,000 but I was thinking of asking at $450,000.Property is zoned CMX-1 and is currently configured as commercial downstairs plus two apartments upstairs and basically in Shell condition.

Many gurus teach using the purchase contract as a no cost option; with a true option both parties are cognizant that a closing will only happen under certain conditions and a price for the option can be established accordingly.  

This will assist investors in making informed decisions and to potentially identify lucrative investment opportunities.More Accurate Property Valuations: Property values are assessed more accurately when utilizing AI tools as they are able to take into account multiple factors including market conditions, location and the features of a property.

The most important thing is to make sure you understand the ins and outs of the program, what type of condition your home(or whatever you buy) is required to have and the fair housing laws.