@Wayne Brooks Yeah I had some tarps prepped and boarded the windows.

Max LTV with FHA drops from 96.5% to 80% or 75% (can't recall, but doesn't matter because either way 3.5% down is out the window) if you try adding a non-occupant co-borrower on a 2-4 unit property. 

Home could easily rent for $3,000+.It is the next-to-last house on a quiet street, our lot is next to the home of the person who sold the development back in the 70s  and he kept 20 acres to himself -- so our home's backyard and to the side is 20 acres of woods and trails that won't be developedIn-ground swimming pool with a new pump and pool linerNew water heater, washer and dryer, and full-home water filtration system (all put in just before we moved in)Renovated kitchenExtremely unique "sunroom" that the first owner had custom-built with huge nearly floor-to-ceiling windows.

Of course we made mistake: The property had an original windows but we decided just to clean and paint them.

The torn and missing window screens should be replaced. 9.

That thing is still sitting there with boards on some of the windows now, I will never use him again and I recommend if you want someone who actually knows what they are doing call my sisters friend Cheryl, she just got her license and she is so good"

No allowance for insulation or other thermal improvements - such as upgraded windows.  

I made an offer on a foreclosed property that needed everything redone (roof, hvac, windows, kitchen remodel, paint) and they came down a whooping $4,000. 

Paint, flooring, cabinets, bathrooms, lighting, windows, landscaping?

Let's assume that in 15 years you will have to replace the following: house roof, refrigerator, a window that broke, and to retile the bathroom walls.