The problem you will run into is that since once its on the internet, it is there forever, future buyers can see those pictures and if they find them and ask if you had it remediated and your response is "Umm, ya I killed it with bleach" they are gunna walk.

Shoulder buyers are those that are close to qualifying but come up a little short on down payment or credit.

That’s very different than if you were approved for a line of credit for $150k.  

I have doubts about taking on a mortgage at my age and whether it will affect my credit score positively or negatively.

I have good income & excellent credit as well.

On Commercial notes from community banks and credit unions you may notice that the loans will balloon at the end of the term period and often times the term is shorter than the period they amortize for your monthly payment so at the end of the term you're left with a sizeable balance to payoff or refinance again.

Most states will give credit for tax paid in other states but if their tax would have been higher they then assess the difference. 

Check back with me in 30 days and I should have a formal proposal .Side note - I have read on BP and am also finding locally credit unions are a good source for investors.Best wishesChris

See the rules for yourself:https://www.irs.gov/retirement-plans/plan-particip...I understand that this is probably not what you want to hear and you will hear all kinds of answers on the internet, but please be aware of the risk having your IRA, your wife's IRA and your mother's IRA disqualified. 

She's an adult who signed a contract and, presumably, knows how to use the internet.