Here's a link http://www.pnas.org/cgi/reprint/0604600103v1Like I said above, I think the algea based approaches have promise, if some of the technical hurdles could be worked out.

Well, you can see that it is a chicken and egg problem.Because you have already listed an REO, you have passed a significant hurdle.

I think the biggest hurdle would be all of the inspection requirements of the VA.

if she intends to f with you to punish her ex....roll out, if she feels the price is unreasonable, determine the point to which its worthwhile, see if you can get it for that price or less, if not roll out.

Most of the time I find the downstairs tenant "victim" is blowing it out of proportion and being unreasonable but not always.

The amount of work you are wanting to analyze properties being an out of state investor isn't all that unreasonable.

As a parent I pray my kids do more and are wise of enough to excel further than me despite any hardship or hurdle that I may ever encounter.

However, if things don't work out as planned, then you might end up needing to hold for a short (or long) time, so it would be ideal for you to have a viable backup plan, ie hold as a rental.You're not going to find 100% financing right now (if you do, please share with everyone), but it isn't unreasonable to run numbers as if you were financing it all.

@RandyYou will be audited shortly for the unreasonable compensation your wife is taking on the 100k of income.  

Lessor shall not unreasonably withhold or delay such consent.5.ACKNOWLEDGMENT.