The biggest difference would be time obviously because it will in fact take me a while for a full 20%.

The best part about it, the tenants that live there now pay their rent and keep the place looking nice, which was my biggest worry getting in to REI.

. :)Hey Bill,I'm the biggest anti-guru you will find. 

My biggest concern is that the property is not being offered at a discount -- it's being sold at market rate.  

There are also opportunities that are able to generate above market returns, but manage risks/downside effectively.

In reality, the biggest cost of remediation/cleaning is the damage done to the property by the cleaning operations.

The downside is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.

Her biggest downside is you really narrow your market pool by only being able to sell to 55+ buyers feel free to ask any questions you may have. 

The biggest difference to  regular loan is that it is non-recourse, meaning if you default, the lender can't come after you personally.

When we tour homes, I like to take some time to drive by some our biggest developments and employers.