But it would be nice to have an option to uncheck that box this time around since they're already in place.

Creative financing options like seller financing or assuming a low-interest FHA loan can also help you secure better terms.

I am slowly going crazy with how expensive Massachusetts is and I am leaning towards looking at cheaper foreclosure properties.I understand there is some risk to this but I am beginning to think this is the only option I will have because of how fast the market is growing.Thank you for any insight you may have!

Would this be the ideal market, or are there other rental options we should explore? 

Talk to the seller, but options are to cancel the sale (and risk losing your deposit), renegotiate to lower the price to allow you to fix the problems or ask them to fix it. 

Be prepared that they will be promoting an optional mentorship program at the end.

I was willing to pay but there isn't an option.

Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

My goal is reviewing retirement options. 

If they do need financing, then speak with your lender about their new build financing options.