The seller is asking a lot for it, and frankly I'm pessimistic about my chances, so I view this as practice more so and if by some stretch of luck I can get a deal, I'd be more than tickled.1.

There is not point stretching your budget where you will not be able to sleep at night.if you need to talk to a lender I can pass you to a few lenders and they can explain your options

I want to know how best to present myself to potential investors so that they can have their share of new bones with better meat (to stretch your metaphor.) 

Is successfully executing a 1031 exchange in my situation a stretch?

In my case I have 20 years to retirement, so my payments out for a mortgage would need to stretch over 20 years as stipulated by the IRS.

Sometimes they go down to 1.1 but that's a stretch.

They can certainly stretch the truth.

Maybe I am too close to the Forrest to see the trees but I don't think richmond is a ghost town by any stretch.

So if I am living in it while I rehab it for the first month or so, think this would qualify as owner occupied or maybe too much of a stretch?

I see that relatively new homes are running around $120K - $135K.Older homes around $90k to $100k.I did find a recently rehabbed home for $112,000, that was 4 bed 2 bath, 2,032 sq ft.If you are stretching to get $90,000, even with $45,000 in renovations, it wouldn't make sense to buy for anywhere near list.