In my experience (which is somewhat limited, as I don't buy many short sales), it should not be a problem.

And that you're running out of the three year time limit to sell.

They have apportioned $200k for the land.So, say you can get it for 1.5mm (9.6% Cap using 50% rule) which seems possible, or perhaps you could do even better, considering the limited pool of buyers the financing terms create.

If you purchase a 4-unit and reside in one of the units, you can qualify for super low FHA financing (3.25% for 30 yrs, with just 3.5% down payment), the other three tenants will probably enable you to live for free (in fact, some FHA lenders limit the max loan amount such that 75-90% of the rental income covers the property's PITI), and you will get some great experience.Since you're renting currently and are a good borrowing candidate, this is an ideal way to go.

And like Charles, there is a limit on the fee allowed in WI: Max what it costs up to $20.

I can imagine it might be overkill, but it doesn't cost much for basic off the shelf moldings and it's not that difficult to install/paint.

Neither does the lack of a degree mean you're limited to minimum wage jobs.

You want the appraiser's estimate of the value with the work.You want to define your lending limit.

Hence some markets are just off limits.

Waiting for the lender to accept the offer, with a weeks limit on acceptance time.