Your furnace also likely blinks a code to indicate what has failed.

Sellers indicated they did not care about closing date/cash offer so we decided to skip on it and not tie up large amount.

This is usually the best indicator that they are 2 different properties.Best of luck to you!!

it when there’s 7 groups expected vs just 1 I want to be able to indicate that as I’m paying my on site by the hour.

- this may indicate investment into the areaIn terms of what properties you should be looking for - That is entirely up to you and what you feel like you can manage.

I've never used the BP calculator. 3% is less than two weeks and it is hard to turn a property that fast. 2007 is over 10 years old, that indicates an average repair rate to me, not a favorable one.

Fewer workers required causes higher unemployment.Unemployment is a lagging indicator of a recession, which re-enforces this idea.

I've looked and read a whole bunch of articles, and tried to find various economic indicators to see if there are any that linked to it. 

Walk away from these deal as one plumbing issue is a good indicator that there might be more hidden plumbing issues which can lead to this house being a money pit.

@Kole Kingslien  Guidelines for land contract:- Payoff of Installment Land Contract Requirements When the proceeds of a mortgage loan are used to pay off the outstanding balance on aninstallment land contract (also known as contract or bond for deed) that was executed within the12 months preceding the date of the loan application, Fannie Mae will consider the mortgageloan to be a purchase money mortgage loan.The LTV ratio for the mortgage loan must be determined by dividing the new loan amount by thelesser of the total acquisition cost (defined as the purchase price indicated in the land contract,plus any costs the purchaser incurs for rehabilitation, renovation, or energy conservationimprovements) or the appraised value of the property at the time the new mortgage loan isclosed.