There is a reason STR command higher prices.

Someone who has $w0k laying around “not doing anything” and could afford to make the $3k/mo payments for a year or more, even if the building was vacant for a while for some reason.

Reason being? 

I would say that I recommend getting an umbrella policy just to cover yourself for liability purposes/reasons. 

Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.

There are some other extenuating circumstances that allow one to use more than one FHA loan at a time:- Relocating to an area beyond reasonable commuting distance to your current residence or affordable housing is not available - Leaving a jointly owned property to buy a home, and co-owner (such as divorce) plans to remain in the home.

Here are some insights into loan types and potential programs that could be advantageous for your situation: FHA Loan,Conventional Loans with Low Down Payment,Local Bank Programs,Grants and Assistance Programs,When exploring loan options and assistance programs, it's important to compare the terms, eligibility requirements, and overall costs to find the best fit for your financial situation and goals.

If I had contracted out the work it would've probably cost about the same due to holding costs in the winter, time off from my job and general focus I had to put into it. 2.

However, that requires us to dig down the basement floor to meet the ceiling height requirement (it's got the egresses and 2 exits already), and I think that can easily cost us $100-120k.

Basically, I'd like to ask the seller to give me a credit for the cost to submeter the gas and water lines during the sale.