Investments can also be accepted from up to 35 non-accredited investors as long as they have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment. 

This MLS covers 9 counties so its a vast territory with a much, much larger population.   

The vast majority of your monthly payments go towards interest in the beginning plus new constructuon is priced at the top of the market.2.

Perhaps the purchase agreement is sufficient documentation for that second broker to allow the new listing to proceed while the first still states Pending?   

its also simple supply and demand.. city went from 1.5 million to about 800k in the last 20 plus years.. so you had vast amounts of vacant homes.. not enough butts to fill them. take that and add flight to the suburbs So you see whole blocks that have been demo'd and or there are some really large factories still standing that look right out of an apocalypse movie.  

Seller carrybacks are allowed with some lenders, but the vast majority of lenders will not allow them.

Because there is sufficient margin between what I’m paying and the property value.  

That should be sufficient.

The cracks didn't seem very big, but if they're fixed correctly, will that be sufficient for the next buyer in 2-3 years?

As throughout the country, many were financed through home equity loans or outright and were just as risky as the rest of the mortgage market at the time.A longtime local property manager has said he believes a major factor that kept the market up was the lack of sufficient hotel space and that the # of available cabins contracted as more foreclosures occurred.The local labor market also suffered when manufacturing and other jobs were lost and people took lower paying jobs in the attractions areas.