Would save initial fees of you having to fly out yourself and pay for plane flight and hotel which could be thousands in expenses.No legal advice given.   

Also give a ring to Ambler Savings Bank.

I do have money saved up but all that is going to rent to keep a roof above my head.

It is in a great location, and listed for an unusually low price for this area,  and it didn't even look that bad in the online photos (for a foreclosure), so I figured it must have something unusually negative about it that wasn't readily apparent, like "black mold" or whatever. 

Online marketplaces seem like a promising way to find a place to invest without the terrible yields and insane closing costs of the NYC market.  

Do I milk this property further for income to save up cash?

If you're a subscriber to their online lookup service please contact me. 

Florida does offer them online DO NOT USE A THIRD PARTY!!

Just doing a brief look online, similar houses in that neighborhood are selling for $25-$30k and rehabed houses are on the market for approx. $99,500 to $116,000.

NYU offers them, some online, through their continuing education and professional studies department.If you still need help, hire a real estate counselor, with the CRE designations.