I think it's very considerate of you so offer a discount and think of ways to help your tenant. 

They have an add-on that draws on the map while you drive, so as you drive, you can see where you have been and where you need to go. 

I am in the Seattle area and have not noticed a considerable drop in prices.

Find a contractor Find a house that doesn’t need major walls removed/moved, and a house that doesn’t need demo’d and rebuilt Take the contractor with you so the contractor can write up a scope of workSubmit everything to your lender Once everything is finalized the contractor can start on the rehab and get draws from the lender At the end of the deal the bank refinances the house out of the 203k loan into a conventional loan as long as it has 20% equity (which it will have to before the bank will even approve of the 203k loan. 

If there is a metro area you want to be in, or a distance from work that would be acceptable, it would help narrow the search considerably. 

, seeking and considering bids for various stages of the build, the surveys and environmental inspections you need to cover, and also tax considerations.

I have a HELOC that I can draw from.

I agreed to pay him 30% of net (which was way too much in retrospect) but he gave me all the money up front with no interest payments and no draws.

I could see it being a consideration given two equally strong applicants, however.

Philly is a block by block city so a home that is 300 feet away is still well within the 0.25 mile radius but can be in an entirely different neighborhood with a considerable higher or lower property value.