Other options include regular loans with a 20% down payment or getting a long-term roommate.

This could give you a better idea of what it could rent for or how long it might take.

With long term rental, we coulnt cover mortgage at all, with short term rental, there was possibility to cover mortgage ans sometimes it did. 

@Sam PetersonHello, we've come a long way since the last message and have a crashpad in ATL and are taking in tenants. 

As we all know, REI is a very powerful tool to building LONG TERM WEALTH.

I didn't mention them because it would take a long reply so we might as well discuss that when you call.

Note, of course, that this opinion is coming from a place of the very limited information you supplied in your original post but on the face of it living for $1500/mo in a decent neighborhood seems decent to me.That said, I would encourage you to look at this more long term.

Just learn how to hit singles and doubles consistently over a long period of time. 

In my mind 15 days is not that long, so you could wait a little longer.

inspections can be uber frustrating in older homes..I know when we build new construction buyers have inspections and there is always a laundry list.its their job.you can refuse and move on.. its not common by the time the folks go into contract and spend money on inpsections and apprsials and such they usually will move forward if you address major issues.you can always put in your counter offer you will only address major issues any thing that is only for the benefit of long term ware and tear your not dealing with.. kind of set expectations up front.