This is only my second post on the forum, as such, if I posted in the wrong section, please let me know.

I as stated for some reason have never been able to tag anyone @Brandon Turner  Brandon what am I doing wrong how come I can't tag people?

Most people who are new to renovating make their biggest and most expensive mistakes in choosing the wrong people to do the work and not knowing how to supervise them properly, and being ignorant on how to manage a budget.  

1) Yes, a good lender researches your job history, and it needs to be stated on the loan application2) There is nothing wrong with putting in an offer sight unseen, as long as you make it contingent on viewing during the inspection period. 

These large price drops make me wary that there may be something significantly wrong with the property but I will not see the interior until Tuesday.The seller reports that 2 of the units have been rented by the same tenants for 15 years and that the other unit is currently being rehabbed.

@Jay Hinrichs, I agree that there are a lot of things that can go wrong during a construction project, but I'm using a modular system of building, so we don't have all the headache of bad framing/roofing contractors, etc etc.I appreciate the input!

@John Acklen  oops I read it wrong!

I bought a bunch from HUD back in the day www.hudhomestore.comMLS can still be a good source if you know how to filter out the wrong things

Gross income - operating expenses = NOINOI - debt service = cashflowI could be wrong depending on your down payment and the terms of your financing.

Again Sub Too in the wrong hands EXTREMLY RISKY for seller...