The building id imagine would be about 50-60k in its current condition but I'm not sure how I would want to pay for it.

Show me something that's within my budget and I'll jump all over it, as long as the loan companies approve the condition.

In easy terms, what this means is that the Seller is not making an representations about the condition of the property.

Her answer again stunned me, she cannot buy a house she wants because she has no credit, she never owed any one any money her whole life.

The wood frame house was tented more than 10 years ago and the house is in excellent condition.

Anyway, I would ask the companies to back up their numbers with real-life examples (on paper and real numbers).  

In that condition, it probably is not financeable.

The air conditioning I had checked out by an HVAC company that fixed the obvious problems, as it was a cheap system that wasn't installed properly.One and a half handy people is not as fast as the professionals, so I missed the main window of opportunity for the target renter, students.

I know time is very valuable and don't want to waste my time focusing on the wrong things now and being in a tough spot later on in my life. book recommendations, local in person meet ups in the Florida area is great anywhere from Orlando down to Miami I am willing to travel to gain more knowledge.

Note that I annualized this to make it fit, as well as make my life easier.