Repairs? 

Obviously you will want to know something about the condition of the property i.e. what repairs are needed.

Is the $3600 I just spent to fix a broken sewer pipe a repair to expense all this year or a capital outlay to be depreciated? 

However, I do agree with you that if you do not have a solid income vacancies and unexpected repairs can be a major issue. 

As a buyer, what is the largest "repair credit" or cash at closing from the seller you have seen be approved for a FHFA loan?

As has been previously mentioned, we respond to repair requests quickly. 

ARV = $110,000 * 70% = $77,000- Repair Est: $30,000 = $47,000- Wholesale Fee: $12,000 = $35,000 -------Mortgage: $21,000+ Back taxes: $7,500 = $28,500+ Cash to seller: $4,000 = $32,500------Problem: the house hasn't been probated yet.

Here is something a guy named @Andrew Postell put together and I say is well put together:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of….Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”…WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchase price.

I am just really bothered by the fact that she had no respect for our agreement and is now demanding all of these repairs be done at my expense. 

We have 4 units in one building with water intrusion that will probably need extensive repair.