Obviously, we intend to live in the place at least for a year or two (possibly more) so it needs to meet our personal buying criteria (large wooded lot, large house, etc.), which I'm assuming will probably reduce our profit/equity a bit.

Also I should have welcomed you here.You are currently in my beginning neck of the woods.

It's a SFH, 1000 sq feet, interior is completely gutted, floors stripped down to the wood, as well as the walls.

If the roof is in very bad shape and is impacted the interior of the structure (stains on the ceiling, mold, wood rot, etc), it can certainly be flagged and you can be required to repair/replace the roof before FHA will underwrite the loan.That said, over the past year, I've noticed FHA getting a bit more lenient, but I had assumed it was just coincidence.

In my case, it's often split-level houses that are 15-25 years old, wood frames with wood/composite/Hardi siding, gas furnaces, etc.

I read a lot and process those items.For those that say RE is out of the woods, they're just plain stupid.

My applicants all want a wood stove.

We had carpenter ants and they differ from termites, which use wood as a food source and will eat sound wood.

You can sign up at my sight to get an email as soon as I find one.WholesaleDealsNCarolina.com

surprisingly Tim, Jon Stewart does a better job of reporting "news" than the 24 hour bozos.BTW, have you caught the obsession with Tiger woods lately on those channels?