I can promise you a good online conversation that will help you stay safer personally and offer you an excellent chance of posting a viral video with worldwide appeal.Please contact me if you're that guy.

(Btw - it is usually the school district that does the appeal for reassessment)The lower the price of the property overall the better the chance the school district will not spend the effort to contest it.  

What legalities am I under or is there still a chance to get out of the lease?

So I would suggest working on increasing your income, credit score, decreasing debt, increasing industry experience, etc. so that you improve your chances of getting approved by an underwriter as you work towards your goal of obtaining 20% down. 

What legalities am I under or is there still a chance to get out of the lease?

You're better off investing in a market that you have a strong chance of achieving your goals than to buy in a sub optimal market just because you can drive by and see your property.

Without knowledge and a workable plan, you are gambling, with little or no chance of success."

It is up to them, some jurisdiction allow you to take pictures of the job done before closing the walls, but it depends on them, maybe you can do a detail video while closing and take a chance.

Double check your state's wholesale laws, but typically all you need is "Equitable Interest" in a property to be able to market it.

There is a good chance the rents will stay up if people are not able to buy.There was a lot of demand for homes.