Welcome Tim.Good Luck as you settle back into civilian life.Thank you for your service.

Lastly, I am wondering how long I have to make the repair if I am indeed responsible-all I can find is documents saying within a reasonable period-how long is that since the property is still inhabitable?

My lender isn't worried about the appraisal being off but she may not be able to give a loan on the property if it is inhabitable. 

The other address has abandoned property that is inhabitable, a house and closed down barbershop/shed.

If the property is already in habitable condition we can treat it as a buy-n-hold loan with a 36 month term from the get go to save you from having to re-fi.If you have any other specifics about our program feel free to send me a PM.

I am having a bit of a hard time figuring out which tenant to keep and which to get rid of.My initial plan was to build a garage on the property with a third unit atop that I would move into when it was inhabitable.

I had some additional questions as well if that’s ok.Since I will be buying the houses with cash, then the difference between Insured and Insured with Escrow makes no difference to me because I won’t need a loan.My understanding is once I property exceeds $5,000 in repairs to inhabitable the house becomes uninsured and does not qualify for FHA financing.

After a year with Spohn Health im back working for the Navy as a civilian and more financially stable, around 68k+.

You generally don’t want to close on an inhabited property since the eviction process in California can take forever and eat you alive.

Fha states that you have 60 days to inhabit an oo property.