Finding in house financing with a builder is a far easier path of less resistance, although, you won't likely find quite as good of rates or terms.The 203k program is an FHA program, so you are restricted to primary residences.  

Sorry, I couldn't resist!

The water is there it's seeks the path of least resistance, give it a way out.

In my opinion lvp throughout the entire house for rental are ideal if they are waterproof and scratch resistant, which is what we purchased.

Why tough it out in a resistant market when there are supportive markets.I aspire to become financially independent in 5 years so I can enjoy time off when my wife retires.I will be researching the markets in the areas you guys have enthused about.Hope to have good news for you in the semi-near future.Thank you!!

Recession resistant.

Porcelain tile is the most durable, water resistant, and will last the longest.

How do you suppose all the Clayton Morris's of the world are ever going to be able to resist that?

Try to be an information resource.Investor: Resist "analysis paralysis" at all cost.

Then, you can consider using a fogger with Concrobrium, paint with mold resistant primer, etc.