We deal with this all the time. you cannot RECORD title until day 91. in utah we have a typical 30-45 day escrow period, so lots of times, we can buy, rehab and put it on the market around 45-60 days after purchase so if there is an offer right on opening weekend, with a typical escrow period it should fund at title and record at the county recorders office after the 90 day restriction has been lifted. 

We often don't have any rain for 6 or more months for periodic rinsing.  

Just make your offer as strong as possible.Shorter inspection period, although he reccomends 0 since you have time between acceptance and signing and the banks may give you up to 17 days depending on bank addendums3% EMD (Copy of check)No weasel clauses, but use the inspection clauseTell them you will be living in it since they do prefer Owner occupiedIf you don't already have an agent go to their listing agent and let them know you'd like to use them on the front(when you buy) and back end(when you flip)Offer the selling agent 1 commission point moreAlso, deals of the year come by on a weekly basis.  

I was the broker for both the acquisition (as selling agent) and disposition (as listing agent) for this transaction.Bought for $90,000 in October of this year.Bought a new fridge, new vent hood, installed new carpet, and took care of some small repairs.HOA, property tax and holding costs were under $350 a month.Listed the property on the MLS and sold it for $126,000, closed in early March.Most likely could have reduced the holding period if we started off by listing the property at a lower price sooner. 

One thing to consider about using the funds from your 401k: You usually have to pay back that money within a relatively short period of time.

periodic policing patrol?

Let them know you intend to sell it for a profit (add a clause stating such in the contract) and that during the contract period before closing you will be exercising your right to advertise the proerty.

My question is; am I extending myself to far for this deal?

Disclose Disclose Disclose.1) Make sure everyone in the transaction knows that you intend to purchase the property within the stipulated period and sign an agreement to that effect.  

It is a 30 year loan, but can change after fixed period and has a ceiling/cap.