I've educated myself with other niches so if you're interested in bringing what you know to the table maybe we can build together. 

HVAC brand new is best  less than 10 years old 4. water heater new or less than 5 years old.5.

The bedroom has oak but there are multiple water stains and contractor said wouldn't be worth replacing.  

While all of this is happening you should be researching how to talk to  clients, what questions should you ask (this will get better as you go along) You can even find local wholesalers, to team up with, maybe they have solid buyers, and they know a great title company, you can bring the deal to the table...I mean there are endless ways to make this happen .5.

When the hot water tank broke she offered to pay half.

(Traditional financing is off the table so its harder for them to sell)You may even find someone who is open to seller financing that way.

CREATE  a great deal, leave some equity on the table, advertise it right and the knowledgeable buyer will recognize a great deal and the buyers will come.If you do that, your buyers list will grow along with your cash flow ........I always say, "Buy Low, Sell Low and do it Often!"

That being said, the land and established septic and water would be worth what I will offer. 

But whereas it has fallen into disrepair and has some water and termite damage and needs hundreds of gallons of paint and hundreds of yards of carpet, it has potential.

At 93k I can get 10% CoC and $200/month in profit.Here are the numbers as I see them:% Down Payment 20.00%Down Payment $23,800 Remainder of closing costs$5,500.00 Total Due at Signing $29,300 Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $511.05 Taxes $135.25 Sewer and Water $- Trash $- Heat/Utilities $- HOA $- Cap Ex and Ops $150.00 Insurance $65.42 Mgmt Fee $103.50 Vacancy $93.15 Total Expenses$1,058.37Total Revenue $1,150.00 Cashflow/month $91.63 Cashflow/year $1,099.55 Cash on Cash Return 3.75%