@Cameron McCown I would agree with you IF Zachary were a seasoned investor with a known good deal in hand because of the cost of lost opportunity.

Machiavelli put it best: "But above all things [the Prince] must keep his hands off the property of others, because men more quickly forget the death of their father than the loss of their inheritance."

My goal is to slowly fix and rehab, I plan to live in the home for 1-2 years, I am not too worried about the return right now my main focus is getting a first home under my belt to learn as much as I can, hands on and continue learning and saving money vs saving and throwing my money into a rental.

There are a handful and they are well attended.

If I do move forward with this, I would fly out there and see the property first-hand before committing.Purchase Price: $115,000Closing Cost:  $2,500Est.

Professionalism - Obviously, all monies get handed off to the title company or attorney that is closing the deal. 9.

On one hand, I would think that if they have lived at a property for an extended period of time, have an attachment to it, they are more willing to be less of a hassle and would do a better job at taking care of your property. 

Not all of my buyers have attended inspections, but I'd say 90% of them do, even if it's dropping in near the end to hear what was found first hand.

I have a very interesting, yet complex case on my hands.

On the one hand, the new construction could help reinvigorate values.