However, a home like may be a beautiful place to live for someone under different circumstances.

Because my situation and circumstances, the position I was in can't be duplicated by just anyone, if by anyone.

Obviously if there are extenuating circumstances we might have a different conversation. 

Not the Circumstance itself.The emotional response to a person with circumstance of "Foreclosure", is finding ways to KEEP their house.

Even if it were easier to find ‘1% rule’ properties nowadays, you still have to look into it and do your due diligence as every circumstances different.

If the seller is unwilling to negotiate, walking away could be a wise choice to avoid unforeseen expenses and health risks.

@Matthew Platon - I think there are a lot of unforeseen factors that could affect my decision.

Finally, depending on the circumstances at the time, we decide how much should be held in reserve against future contingencies.

Sounds like you made a good decision based on your needs and circumstances. 

Just because some of us offer services doesn't mean we’re all just here to push a product.Instead of saying: "you can't do it under any circumstance", tell the kid how to do it, or what to watch out for.