and job stability and former verified LANDLORD REFERENCES            ( check tax records to make sure you are talking to the property owner NOT a tenant prospects cousin.Ok,  THE SUMMARY :                                      LOW RISK & COMMON SENSE1.

My thought was also that the $100K to gut and rebuild sounds low.

Absolutely!

You absolutely should contact a local Real Estate attorney to discuss what options you have to cure any deficiency on the title, and what remedies you may have against the Title Company for failing to properly close on the property.

(We went into contract at a price lower than their original asking price and their argument was they thought because we were purchasing it so low they I wasn't getting a commission?

Xero has come out with a self employed version (think it is free or low cost)  that makes it super easy to swipe one way for personal and one way for business.  

Now overall, I will be making 6k - 15k, which is very low in terms of overall property cost, but I think it would be a good experiment to get a feel with 0% down. 

Since the bank failed to maintain the property and allowed low income families to occupy this once luxury property.

Obviously id like to catch the rates when they are low, rather than risking them going back up by next summer.

Absolutely Inspiring!!!