Her son was diagnosed with a rare disease so they are trying to get rid of the house so they can be closer to him in Seattle.

Hi Sean, were the comps you provided the appraiser closer in proximity and sold more recently then the ones the appraiser used in their report? 

Fast forward a year and we decide to move closer to family.

It is also closer to freeways.

If you have limited capital, start driving your farm area and look for tall grass, snow in driveway, tarps in roofs, old cars/ boats in yard, overgrown plants.

If you are a sophisticated investor and know how to perform your own due diligence, independent of this "wholesaler" and his anecdotal statements,then maybe you can get closer to the truth.Now the truth may be that there is a great amount of title, financial and property improvement work to be completed.

My sister in law is a closer at a title company and said she would do a title search for me.  

I could buy a house single family live in it and fix it up then rent it and then find another ( more expensive area to be closer to work ) .

I agree that you should stay closer to your home and certainly try to qualify for that FHA  first time home buyers program

That said however, rents are increasing at about 5-8% per year, so we're moving closer to this being a reality.