As opposed to single families and such?

The only maintenance issues you can do on your own (exterior) is Painting, Planting, and Pavement so generally speaking everything else needs to be approved.

The house has a finished roof, exterior windows and all of the weather wrap, but no siding and no interior pictures (assuming it would be at the most, dry-walled inside). 

The "1.5 rule" mentioned in a post above turns out to be very similar to the "65% of ARV" or "70% of ARV" rules - that "1.5 rule" yields a "67% of ARV".But it does not seem to subtract out any needed repairs, which the MAO formulas usually take into account.As for sheriff sale purchases, property condition is a crap shoot - and you should usually expect the property to be crappy and make you want to shoot yourself if you don't account for condition properly :DIf you can evaluate condition (both interior and exterior) ahead of time, you can get a ballpark figure for repairs needed, and subtract that from the 65 to 70 percent rules.

While they prefer to use other income producing collateral, they are not opposed to attaching the equity in your home, and will actually allow co-signers who are willing to pledge the needed collateral.As far as when you would inject the cash, it would be like any normal closing in that you would bring it to the closing table.

I prefer the desktop software as opposed to the online version, just because it allows me to have my data available anywhere my laptop might be (whether or not I have Internet access).I tend to upgrade every 3 years or so -- generally there aren't any updates so important or useful that having to update is necessary, and my accountant will support QB versions back 10 years.That said, I know a few people who use the online version and they like it...

Just out of curiosity, is there any reason that you are interested in double/simultaneous closing as opposed to getting the property under contract for sale and then assigning the contract over to your buyer?

Click on the "Building Information" button to get, for instance:Residential Building Information Use Code : SINGLE FAMILY Total Rooms : 5 Basement : Full Basement Style : CONVENTIONAL Bedrooms : 3 Grade : C- Stories : 2 Full Baths : 1 Condition : Fair Year Built : 1954 Half Baths : 0 Fireplace(s) : 0 Exterior Finish : Brick Heating : Central Heat Garage : 0 Roof Type : Shingle Cooling : Living Area : 1,334 SqFt Last Update: Thursday, March 24, 2011Other property card "tabs" are General Information, Tax Information, Previous Owners, Image, Comparables, Appeal Status, Maps.

I'm guessing he'll be taking out a loan from the 401k (as opposed to an investment)...

Assuming the HOA takes care of any structural issues with the exterior.