When you put yourself between a seller and another end buyer you are trying to sell to, it can be a really tight fit, especially if you can't buy it as required.Go deeper in your learning, what is on the surface as some ploy can be a train wreck in reality.

I'd really like to meet a local investor(s) and get a better grasp of what the reality of the field is.

What looks like a bargain to a New Yorker may not in reality be a good  buy in NC.

All of your money is tied up into one sinking ship.

The reality is it takes at least a year or perhaps several years before you bring software to market.  

Often homes that are listed for a very long time are listed by people who would like to sell if they get their price but don't really need to sell but in all reality you can make any offer you like.Will the seller accept it?

I just wanted to say that the 90/10 rule applies to drivers. 90 percent of people believe they are in the top 10 percent of drivers when in reality.

I closed exactly one of my OREO resales to a Naca buyer.... it was a long drawn out process and my experience with the Naca in Mississippi was they were highly discombobulated and a very high % of the folks never graduated from the program. your trying to take chronically bad credit risks and retrain them.And in MS if your going to sell in their program they expected a huge buy down of the rate. other wise they would not recommend us as a seller.. so our one buyer that actually closed I bought the rate down to 1.25%  the insurance payment was higher than the mortgage.. so for the buyer that actually got the home fantastic deal.. for seller I got an OREO off the books at close to retail exit.. as opposed to what happens in cash flow markets were a resale is generally to a cash flow investor for a fraction of retail value, its reality and unfortunate for the seller.In your market at that price point unless you think your selling this substantially above market I don't see the benefit to be a naca seller... but IL Naca may be much better run than the MS Naca

Thanks for adding some reality to this section.

a plan is only as good as is resemblance to reality.