Any travel nurse is a brother or sister in my field, so my plan is to make sure their housing is everything they could imagine in comfort and necessity be met.  

They do make sheet vinyl that looks like wood and if you go to a flooring store usually they will have a much larger selection and can even save you money with different types of installation like going over exsisting floors with a floating vinyl sheet install. 

Explain your situation and what your plans are for probably and if the sellers are agreeable write an offer up and move forward.

My wife and I are based in the Southeast Michigan and are eager to dive into real estate investing to create generational wealth and ultimately escape the rat race.A bit about us: We have a combined $16,000 in savings and approximately $150,000 in retirement funds.

My land is also buildable and I have plans from an architect for a 3 bd/2 ba home which would cost 300k to build (it's in CA) and is in an excellent STR location...but I'd need a construction loan to build it.

Here are three articles that made it into the papers:"Addiction treatment group buys building in Main South, fueling neighborhood angst""Spectrum Health Systems adds property in Worcester as it moves headquarters to Westborough""Main South neighborhood remains on edge about planned drug treatment facility"I find it ironic that no one asked me (the listing agent) how the owner of the property chose Spectrum Health as the buyer.

it is ok to buy a primary once a year if you plan to rent your current and buy a new one . many lenders will not like it being in the same area 

From there you can submit plans/permits, and from there you can begin your rehab.

Sellers who do not plan to purchase another home or do not need to assume a new mortgage to buy another home, such as investors, second-home owners, or those with enough equity, are in an even better place to capitalize on the growth seen over the past several years without regard to today’s higher financing costs stemming from higher interest rates.

I have studied several metrics tied to this for example the rebound of unemployment, population growth, crime rate etc. and there doesn't seem to be a playbook on timing of any of these factors unfortunately.I do agree with you that we are near the bottom, and based on recent data some may even believe that we have already bottomed...I have thoughts on that, but I will save that for another post.