You should have  a lot of options if it's a building that's been updated etc.Farmers itself does some weird things with their deductibles and they're very specific what they want right now.Let me know if I can help.

Most important thing to me is learning about real estate and how to build wealth through real estate

I have a huge passion for fixing up properties in distressed neighborhoods to help the exact problem you are preaching about.In my opinion, we need more incentives to fix up these properties rather than build new ones.

On the first house, if it was all the way down to studs then you can do a lot of inspection & examination. 

I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

Other than than if you have excellent credit its 25% down.If it needs rehab work it will open up a can of worms if its "Subject to" and cannot pass appraisal/inspection. 

Inspection report came back with a few things, but the one that concerns me is foundation problems.

He has been calling 311 for inspection and having violations reported for damage he has caused due to neglect and malicious intent for the past year.

i cover pest control and lawn care on my stuff. keeps down on issues and i know the place looks good. for my student rentals i also build in a quarterly cleaning fee where my cleaning lady comes through and does a deep clean. extra eyes on stuff and parents happily pay it to ensure their kids have a solid spot. pass through cost for me and well worth it. 

What developers used to be able to build 2 units on a 25x100 they can now build 3, allowing them to offer more for 25x100 lots and profit more off these builds.