I have wondered how common wraparounds are & if it's a major concern for buyers.

At lower profit levels, there're minimal or no tax benefits.If you're married, an LLC filing a partnership return may be the best option.It is acceptable to not have any business entity when you start, as long as legal liability is addressed with insurance.

I would have to see the address to comment further. 

Considering FHA but a but concerned about the property requirement/code changes they may disqualify more affordable older housing.

Send me the address and I will find good comps for you.

Trees falling over will likely be your biggest concern,Unfortunately, looks you’re right in the path unless it changes.  

Make sure to do a quick google search -> Your City "County PRoperty Appraiser Site" -> then input the address and find out if the property was sold or not.

From my understanding, abandoned property laws are there specifically to address items that are left after surrendering keys.

All goes according to plan my fiancé will have a real estate license by the end of October and I will start my next full time job on Oct, 8th.I am concerned about my eligibility to obtain a loan and would like to know if anybody has advice on how they would go about tweaking numbers by paying down debt and lowering the down payment to lower the Debt to income ratio to get approved or if they think I sound like I’m in a sound position.

They say, "there is a sucker born every minute". but guess what even suckers deserve to be treated with dignity, respect, and concern for their interest.