Just using the 1% rule will get you in trouble in this market.Regarding going through a renovation- Get qualified for both a regular loan & a renovation loan. 

I just got back from my local grocery store, and there is plenty of TP, water, and hand sanitizer to go around.

From having bought my own house already, I have basic knowledge in the VA loan process (including working with real estate agents, loan officers, and inspectors), some rehabs (putting up drywall, patching up concrete foundations, installing blinds, etc...) and regular maintenance.

We visit on a regular basis and then rent it out as a vacation rental when we are not there.

Yesterday I agreed to purchase a house in Michigan sale price is $110,000The seller is asking that I pay $40,000 upfront to eliminate the current mortgage then the remainder $70,000 on seller finance for four years can be longer as the seller likes the idea of a regular income.The seller doesn't want any connection to the house and ideally wants to be just a lender.

How do you get supplies (disinfectant wipes, lysol spray) if all big box stores is already out of supply?

My wife stopped at the grocery store to pick up stuff for for dinner after work .

Toe-kicks would be installed on all cabinets (more on this later).While the work was being done, I would regularly inspect the work at the end of the day.

.#1 is a 4 bedroom 3 bath 2600 sq ft 2 store gone that needs cosmetic work.#2 is a 4 bedroom 2 bath 1550 sq ft home.This house is interesting beacuse it has a large new detached 2 car garage on the back connected to a back ally.

Put them on the books and open a custodial Roth IRA (or regular ROTH if 18+).