I'm thinking it could rent for $1100-$1200/month, which if I don't have to put the 20K down payment would make a lot of sense.I'd like to approach the seller with a "subject to" offer, taking over the mortgage, fixing it up and renting it out. 

I’m new to this but have been doing my research but I would appreciate any tips someone may have to offer!

As a newbie I don't have a lot of money to spend so I'm limited to what the Land Bank and auctions have to offer.

Not many are willing to offer 30 yr fixed rates on rental properties or I can only get what I purchased the property for.

It would appear that it would not be illegal to offer military/veterans special discounts or preference because giving them preference does not discriminate against any of these protected classes.Am I missing something?

I don’t have much to offer in return YET, but I promise to payback any help I receive over time. :)

Go back to other 3 offerors immediately to see if they want to offer their earlier offer.

I can also reaffirm that if a good school district is an important factor for you, this is something that should be prioritized first, prior to picking or even visiting an area that you would potentially like to live in.If you're interested in seeing some specific properties in various areas throughout the city to get an idea of what these neighborhoods have to offer, and gaining a Realtor's perspective on the market, shoot me a message and we can go from there!

If the cap ex exceeds the value created, then you'll need to get some of that cap ex discounted from the price.Instead of valuing the empty lots, think about what the exit price will look like and if you're going to offer more than the current value, ask yourself how much of the value add am I willing to pay for upfront?

The past two years I have been doing all I can in order to soak up all of the podcasts and books that Bigger Pockets has to offer.