DPA program help in down payment depend on income and area where you are buying this property.

Hi Ron,It really depends on your investment goals and how much time/money you have on hand.

It really depends on the risk vs. reward for you and how much time/money you have on hand.My gut reaction: lawyer up and prepare to sue both the city and land owner for creating hazardous living conditions.

Depends on the lender, though you shouldn't need one.

Would depend on your area...

NicoleIt normally just depends on what you are looking for.

Philip,In part it depends on the kind of property / seller you are looking at.

Depending on the loss, the lender can use the proceeds to pay off the loan and hand title back to the owner or have the structure repaired. 

Depending on your criteria it can be a bit tricky to locate good investments due to the differences street to street being pretty significant in many places.

Very broad answer to your questions I know, but it all depends on what you are trying to accomplish.