This is a long revived post- I'll add a little tax pro insight from what's happened in the last 2 years The IRS went from < 100 engineers on staff who were qualified to audit cost segregations to a few hundred. 

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

You should always talk to a mortgage broker or bank first to find how much you qualify for before starting the investor journey.

It is highly specific, my recommendation is to contact the city directly with qualifying questions or have us do it for you :) In general Astoria is also a No-Go with the exception of commercially zoned properties.

I’m not a first time home buyer but wife would qualify, I want to put down less than 10%. 

The person worked for H&R Block, now works for TurboTax Live and is being honest about their skills: NOT QUALIFIED.

How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?

On top of that, hiring tribal members for construction or operations could qualify for employment-related tax credits.

And given their recent late payment history, I don’t know that they’d qualify with another lender.