The house appraised at $340k so we listed at $345k.I have a sign in front yard and also listed it on Facebook marketplace and Craigslist.

In those cases your broker will ask you to sign a buyers broker agreement in which you would pay their commission.

If we hear back, it’s either positive (we sign another 12 month lease) or negative (they inform us they want to leave). 

NFIP (National Flood Insurance Program) administered through FEMA is the government option and has had a monopoly for 50 years and due to this has driven up the cost. 10 years ago the president and both houses signed into law that the market is now open to private flood insurance companies (usually backed by Lloyds).

If you can't afford both, you'll have to make sure you have a lease signed on this one and they'll use 75% of the lease amount.

Go buy Dave Ramsey's book 'The Money Makeover' and/or sign up and take his 'Financial Peace University' course.

I looked up the deeds to the property and there was a Notice of Default given out May 2012 and then a Trustee Deed signed October 2012 by a FEDERAL HOME LOAN MORTGAGE CORP as the Grantee.

I told the guy I was not signing over the final check until he fixed everything we had agreed upon.

I was driving around looking for distressed properties and saw one with a sign on the door saying it was vacant.

Many agents will balk at this but in CO it is very easy to do...just takes buyer and seller to sign a form that they acknowledge 1 agent is representing both sides.