My next plan of action is to offer the investment company to buy it from them.

@Sam McCormack, so news since I posted the last time.

You can stop the clock from ticking on potential adverse possession claims by taking certain actions that eliminate one or more elements of the neighbors' potential causes of action. 

Galvanized pipes in STL are a nightmare, and almost all of them in the city are at the end of their lifespan, good news is correcting those issues is a major bonus when buying a remodeled house.We are still seeing multiple offers on properly put together houses in nice neighborhoods, so you should have clear skies when you go to sell if nothing changes. 

Right before Christmas week, I was given news that we finally had the engineer report and that the permit would finally be applied for, but something or other error or complication - I'm not even really sure - prevented us from using the report and that we would have to find another way, and of course I wasn't going to get any updates through Christmas and New Year.

I'm ready to start getting out of the research phase and move into an action phase!

You may have a difficult time finding some options.The good news is the available options are not much more than if you were renting out to lower risk retail tenants.

Hello BP community!First-time Investor from San Diego, CA. looking to assemble a team on the KC/MO market, I will like to get my first property in the next 3 months, my strategy will be BRRRR and my goal for this year...

Its a great place to beThat is great news.

My first course of action would be to see if you can qualify for a conventional loan, if not, then pivot to a Non-QM loan.