I need to know if the "let's buy this now and repair the property slowly as time goes on" tactic is a good plan for a value-play purchase considering all the above.

(Will leave my opinion of that fund for another time) If that is tax free or tax deferred would come into play too.Well, that's an option some people choose because it's quite safe as long as Oregon funds the pension system. 

But w/o an agent, commission comes into play for negotiations.

She also helps us out at our Black Diamond REI events, so you can meet her there as an added bonus.

I was playing with the numbers and missed changing that.

. $120k, but would like to do $75k down and keep about $45k for remodel unless we can finance itSource of down payment funds, if applicable: current home proceedsIncome Source: Salaried plus commissions/bonus - but both wife and I have to qualify with base pay only since we do not have two years at current employers.FICO: ExcellentI think seller financing the whole thing is too risky to us (seller wants $100k down and balloon in 5 years).

I don't have the energy to play cops & robbers, that's not my job.Separately, as part of management principles, I would always pay attention to patterns, who's the common element in said pattern. 

Have you had any personal experiences in calling or business letters that you say played a pivotal role in a similar situation for you?

If you want something relatively turn key, and with solid cash flow, buying in the city may be a good play if you’re okay with risk of some tenant headaches.

So if you sell an asset at a gain, the gain IS income BUT it is now taxed at a lower rate than other types of income (i.e. ordinary income such as salary, bonuses, etc) thus, a break!!