It would be a tight budget but I do have money set aside for repairs.

I just closed on one for that last week and it appraised.Under contract at 223k with seller paying 5k in closing.The property needs 20k in repairs. 

This would typically include legal fees, the receiver's fees and costs, and the repair costs. 

Working with Real Estate ProfessionalsLocal Real Estate Agent: Choose an agent experienced in student housing.Property Management Services: Consider hiring a property manager if you’re not local.Inspection and Appraisal: Conduct thorough due diligence to avoid costly repairs.6.

Hello I found a property that needs 100k in repairs and was wondering if I could get a loan for an uninhabitable house or should I do sellers financing and finance the repairs?

- You can buy using FHA 203(k) loan which allows you to finance repairs into the purchase mortgage.If you find you like being a landlord, you can BRRRR a property every year.You can also start BRRRing rentals w/o planning to live in them.

Typically these repairs are mostly cosmetics.

What do you have in your lease about repair requests?

I'll be looking for long term rentals that don't need any major repairs initially. 

How would you like to be a tenant waiting on a repair because the owner wants 3 bids for everything and not only will that delay the repairs, but you'll have 3 people coming through your home everytime you make a maintenance request?