Lower volumes, retreating to 2018 and 2019 levels.3. 

Hey Seth - Since the property is in Michigan, I'm going to assume your loan amount would be on the lower end...make sure you check out the minimums for any lenders you speak with.

Recommendations for legal counsel specialized in RE transactions?

Unlike stocks, real estate transactions take a long time giving you PLENTY of time to learn along the way :)  Feel free to message me with any specific questions.

I've done many FHA subject-to type transactions and they are fantastic, if you and the seller are willing to accept the risks. 

If you’re not getting any bites within a week then I’d lower the price $100.

Honestly though, this sounds like a pretty risky transaction. 

(This should lower surprise assessments and help maintain buildings in safe condition.)The inspection results will be made publicly available through the state. 

You may also consider looking for lease with option to own opportunities, for the same reason; lower your down payment- then use the leasing period to build up what you need to exercise the option to purchase. 

Congrats on taking the first step, usually people get hung up on only one strategy, and the best way to start your real estate investing journey is house hacking with lower down payments and interest rate since it is a new primary residence, especially since you can probably rent out your primary and cash flow when you move out.I'm a local investor and realtor here in Denver metro, and I've found success with house hacking here in Denver for myself (rent by room, Airbnb, Section 8, LTRs, etc) along with my clients too.