My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

Hi there  Did you find success with HUD homes? 

 @Deepak Malhotra based on your sales price, I assume this was also sold many years ago.

I see two high end homes for rent, 50k, 70k, 210k per month..

You can get a much better return on your investment elsewhere and with $500k you can buy 3 homes or a 4 unit.  

You can't show the home to potential buyers.

If you can get a better deal on the home due to age its a fine and if you need financing banks do not judge year built. 

Once you know the "basics', you can then invest OOS more successfully.If you can't afford to invest in your home area, how will you grow your knowledge of an OOS if you take a shotgun approach to where you buy?

My husband's family is from there and we go visit them often from our home in the suburbs of Minneapolis. 

The home values are still lower than pre-pandemic and far fewer multiple offers.Vegas was the big topic among my local meet up circle.