Sometimes the most powerful thing you can do is make an offer and walk if the numbers don't work.Good luck

.- Ask seller and confirm with the county of local utilities, does it have water, power, can it perc?

Also, when I bought this in 2017, I used private lending to take the deal down (and pay for some of the rehab)...So I needed very little cash to get into it.This is the power of:1) Learning the process of buying rentals2) Picking a great market to buy the house in3) Holding onto it for a number of yearsWhen you see an investor who has hundreds of units, you probably ask "how in the hell did they do that?"

You will have more negotiating power than with FHA.

Our responsibility is to do everything in our power not to lose it, even if it means you lose money in a deal to protect theirs. 

Im wondering if that will kill your purchasing power since you’ll have a higher loan 

I have also been thinking about starting an LLC to increase my buying power and building credit in my LLCs name.

Some of the so-called experts also say that if the dam stops generating power (which it is contractually obligated to do at some water level, and we're not even close to that level), the river flow will quickly increase Lake Mead...The issue of how big a hit the Vegas area is going to take from current events, yeah, we're very concerned about that. 

This higher purchasing power for house hacking is why people are suggesting this.

Debt is a tool and if used correctly can be a powerful multiplier.In 2012-2015 I used to buy REO properties all cash since cash offers were preferred by the REO sellers at that point.