This was an easy decision for me as I wanted to carry on the legacy of my family in this neighborhood, and with such a short supply of deals in our market currently, it was a no-brainer for me to buy the home.

Budget 20k to replace the plumbing if it has the original cast iron stacks and galvanized supply lines.

If you are capable of doing the estimate yourself, make sure you have a decent printed checklist of the all of the possible repair items.Reason #3 — You are making bad offers to sellers: If you make an offer to a seller that is too high, just to get a property under contract, you will have a tough time finding a buyer on the back end.

How capable, and how serious are they?

Another couple of quarters and we'll know betterInventory is slightly up (+1.7%) as is the "months supply" of homes on the market (+1.6%).  

Our only difference is that the property is owned by a non-profit that supplies "low-income" housing.

So finally I solved this problem last week and have been on a buying spree, but I have also heard that people would pay for someone to qualify for mortgages on their behalf so they supply the cash for downpay and (for example) I can just qualify for mortgages and in return hold the property under my name and get paid for it.

Where does everyone recommend buying supplies such as kitchen cabinets, granite, flooring  and all other supplies at the best prices from.

I drive by the house multiple times most days and he is there about 33% of  the time, every time he needs supplies he will run to the store with no forethought of what he may need after he finishes that task.

All non-accredited investors, either alone or with a purchaser representative, must be sophisticated—that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment.https://www.investor.gov/additional-resources/gene...