Plan to rent the house for between $1200-$1300/month.Rehab Needed: The house is in fairly good condition overall (solid foundation; new high efficiency furnace; newer water heater; updated electric), but we are estimating $25k in repairs.

Finding cash buyers is EASY for solid deals. 

I am a contractor right now and a wood floor specialist.

The approach so far is containment, water extraction, dehumidifiers, anti-microbials, manually removing mold, sanding all wood surfaces once dry, hepa vac, kilz coating of all surfaces, hepa vac again.Perfect storm:enclosed crawlspace, still air, hot water, spraying water leak for at least one and up to two weeks straight.  

Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

I'm still just hoping for a deed :-)I'm a Antique lover and nothing rings my Bell like old wood.

@Ryan Gillette absolutely nailed it for you, @Colin Wood.

Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

once we have gained knowledge and built a solid foundation,with BiggerPockets then we look forward in keeping in contact with you. thanks again.