The neighborhood is low income with 55k in median income.Realtor tells me I can get 1800 in rent but I am beginning to doubt it.

But I would look into the settling use a marble and make sure the cracks are not concentrated around load bearing walls.I doubt the deck has anything to due with the slab cracks.

They won't issue the insurance if there's any doubt in their mind as to your ownership of the property, and if they find anything it will be listed as an encumbrance. 

Given that its a foreclosure, I doubt you would be successful at any push back, as the bank gets to make the rules.  

Biggerpockets is without a doubt one of the best online communities out there, and as my experience in real estate gradually grows, I hope I can give back as much knowledge as it has given me.I've lived in Maryland most of my life, and have always loved the state for its diversity relative to its size.

I really doubt he has gotten any interest since he wants to sell at such a very inflated number for the area.

No doubt there will be some internal and/or external common areas to be built too.

I was wondering if seller financing would be possible cause he has a few properties for sale that he's had for a length of time This is doubtful.

Even if you had a normal service call with repairs on a 3 year old system I doubt you'd spend that 2k on the repair.

No doubt, some of them will be too cheap at $50k (good for you), others might be borderline take-it-or-leave-it, whereas others might be: "Whaaat?