One disadvantage I see to this is tenants will realize the low prices I buy houses for.

My question is this: rural areas have the disadvantage of a smaller market and slower economies, but are there any advantages to renting in the mountainous rural backwaters of WNY?

I'm thinking of two different strategies and would like to know which you think is best, advantages / disadvantages of each:A) Offer the lender a cash purchase of the property under a short saleB) Offer the administrator of the estate a subject-to then offer to purchase the nonperforming note with cash from the lenderThanks for your input!

Am I putting myself at a disadvantage by waiting the few more days, or does it really not matter at this point?

There are some instances where it makes sense to file MFS.The big disadvantage to MFS is that it disqualifies you from claiming some of the major tax credits and deductions available to those filing jointly.I would recommend you consult a professional to help you sort it out.Hope that helps.Ed

Because you start in a hole with several disadvantages (education, credit score, etc.) you have to realize that your journey will be harder than most.  

Has anyone had any experience with either or both? Which did you like best and for what reasons?I'm currently looking for a platform to track business expenses for tax purposes.Thanks for the advice! - Marshall 

What are the advantages and disadvantages?

You just need to understand that an FHA loan puts you at a disadvantage against a cash or a conventional offer, so you need to adjust your offer accordingly.

What are the major advantages and disadvantages?