Don't just put a body in there to put a body in there, you wont have the time, energy or money to evict at this point.Take cost to remodel plus cash flow to the bank with your asking price, if you can get a pre approval to buy the property than present your offer with what is needed to spend on property.It took me a year to get the bank to take my offer, once a month I would stop by just to say high, they had other offers, but then they would go to the building find out what a disaster it was and either walk or change the offer, the bank always said no, why you ask, because not one of the offers came with a pre approval, unbelievable, cash talk BS walks.The Bank I received the loan from looked at the remodeling numbers than market value after completion, I took the banker on a tour of said property showed the my written plan and bingo, he says this is a great deal.

I found out what I did "incorrectly" the first time I attempted to answer this...so here's attempt #2.1.)

I have been attempting to close on a property for a few month and we have hit a snag with the zoning.

My next plan is to attempt a single family flip.  

Since I don't really have much money I was thinking about using craigslist to get my cash buyers list going so I can have my exit strategy ready ahead of time before I attempt to make my first deal.

I would attempt to work something out with the guy who helped you out of a bind before talking with an attorney.

Some other options are clearly "attempting" to renegotiating the purchase price to reflect the risk, or backing out of the deal.  

Hint: "Real estate agents should never attempt to use NCAR forms to create a lease-purchase or lease-option agreement...."

I know which are good/ bad from a renter's perspective and would be interested to know which are friendly to investors.Also, the school's student body grows larger each year. 2 year lag between incoming class and when they move off campus.

Apparently I attempt to do all the above too quickly to peoples liking.