With those basic, lets say Rules of Thumb (ROT) if it has a negative cash flow - run away. 

I currently have a pretty good job getting 27/h (cad)I already have 12 grand saved up and am hoping to put a 20% down as mortgage insurance will suck me dry.

Hopefully you can save that dry powder for when valuations come back in line!

I recently had a hand dug well go dry , I had to bite the bullet and get a new well drilled .  450 feet .  

It has had water damage at some point in the past but is dry now with a solid roof and good guttering.  

We have also had to replace a door, repair wood rot on the garage door, replace posts, and other items as part of this project. 

is there rotted sheathing?

I can't believe that market has completely dried out.

 Assuming the Exterior is completely dried in, the next steps to finish the project would be:Drywall or Wall Finish - a Cabin in Montana might prefer a Wood Finish instead of the Drywall we typically use in Arizona - Possibly a combination of both; I suspect Drywall would be least expensive but maybe not as Aesthetically correct.Assume an inspection is required to confirm proper Nailing of Wallboard prior to next steps - Make sure Wiring and Plumbing passed inspection prior to installing Wallboard.Tape, Texture, and Paint - If Drywall is used, not required for a Wood Wall Finish, but Wood might need to be Stained and Sealed.Flooring - Carpet, Tile, WoodMillwork - Cabinets and CountertopsElectrical Trim - Includes installation of Electrical Outlets, Switches, and Light Fixtures. 

It looks like that water may be from someone failing to dry their hands after washing them