That house appears to be undergoing foreclosure from the bank. 

Agents undergo thorough training to ensure they understand the unique needs of USAA members. 

For financing, am I on the right track with who I've talked to already, or do I need be someone who throws leverage to the wind and simply keep a fat wad of cash for PP+Rehab costs in my bank account until it's time to use and simply skip financing all together?

HOA is $175 per month.This property is in a great location... located in a large urban park in a historic neighborhood currently undergoing serious gentrification (hundreds of millions in multiple residential/commercial  developments all over the neighborhood, both city and private money).

If the sanitary conditions in your unit are such that it attracts pests of any kind, and it becomes necessary for us to undergo remediation in the building, you will be held financially responsible for reasonable costs thereof, paid as additional rent.This is what I use. 

You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases.No mortgages on either home.Both houses were purchased and renovatedOne Is worth 135k wIth about 30k equity.One Is worth 130k wIth about 50k equity.Do you sit fat and happy with these two?

They are not the same thing, but if the building was constructed prior to 1969 without undergoing a change in occupancy type and no major renovation permits pulled, it will likely not have or require a CO.

Wait for the right pitch...a fat pitch.

As they say,,,, Pigs get fat, HOGS get slaughtered. 

And if you find a good one you can even walk away with a big fat check at closing.