I think each persons situation is unique.

Tips: stay away from unique properties, rural properties and have some cash of your own.Expect to go around 80% loan to value for the purchase and have the rehab money put in escrow and paid to you AFTER the work has been completed.  

@Nick Colamarino - We aren't Tampa either but have some unique visiting opportunities.

But I now have a unique situation and would like to get some feedback (from people outside of my non-real estate investing family and friends).  

There are tons of unique things about the property, but without listing everything, what are some creative financial solutions we can do for me to take over the house?

Hi BP Community - I'm exploring purchasing a property that has no existing city violations.

Until I leave (2019) I am exploring the possibility of renting one or two of the rooms to provide a surplus towards paying the mortgage.

Cost for average appraiser from a bank was about 350 ,, I hired a highly qualified appraiser that actually goes out views comps inside and out and paid 1500 for the appraisal and the difference in valuation for my property was over 250K granted it is a unique property and I had need for condemnation eminent domain legal reasons to find the best and highest value for my property.

Net of that meaning, they're going to have to deal with them in one form or another and those any issues are no longer unique to you as a buyer.

You could also explore the association management business which few states require a license to manage.