Seems like I'd have to get the property at a low enough price so that god forbid the seller has to foreclose there would be room for the fc proceeds would cover the seller and then my partner right?

It looks like there might be low to medium pest.

After a few months of looking I've got my first deal in the works. Unfortunately its 1 1/2 hours away, but its 100k less than similar properties here in the Mesa/Phx area. I figure I can manage it in the beginning and...

It is the owner’s job to know what can and cannot be said, and insist on it being done correctly.It is an absolute and indisputable fact that the FTC and the CFPB, as well as a number of state regulators, have discovered how cheap and easy it is to wander through websites looking for easy prey.

I make an entry for the lowes bill, not for every blind and board I buy. 

It seems like the your interest rate is low.

My plan only allows me to borrow the lesser of 50k or 50% of 401(k) value.I'm not absolutely sure about this because each plan has different "rules" for loans.  

I would be looking to get it at a low enough price, along with the home improvements done after purchase (also with 15%-20% down) to take out a home equity line of credit.

Is that a legitimate excuse for his score being so low?  

Whats my best option to invest in his soon to be foreclosed house with very low money down?