The FHA loan is pretty limited in how much of a "fixer" you guys could purchase, I bet he could qualify for a conventional loan at 3% down which may increase your options (food for thought).As far as structure goes you two should sit down and discuss length of ownership, exit strategies, etc.

We just moved here and I'm betting that the market will see a slow down from this.

This generally includes opening up the location as much as possible, removing any loose debris, vacuuming out all dust, making sure no insulation is there (yea right, good luck in a ceiling), and finally wrapping everything with tape and inserting those plastic things up into the jacket where the wires come out to make safe the place where the wire is going to rub against the jacket/mount when someone works on the wiring.

Otherwise PayPal or Venmo (a transfer app owned by PayPal) are two other popular Safe ways to transfer money. 

Be safe out there.

Stay safe out there!

Stay well and safe everyone !

If you know it is a great deal and fits into everything financially, play a little chess, hedge your bets and give it to the seller easy.

Those are your best bet.

The message then was it's safe to travel.