if you are not going to live there once you buy it, I don't see FHA a good choice.You could get a private JV partner for 20 percent down, own it, fix it then lease option the property.You could also do a JV w the seller: buy it on seller financing w a single payment note and mortgage, fix it, resell it, pay off note@Larry Fried

The total square footage for the house is 3857 sq/ft.  

I'm currently working in the south Chicago area mainly and Bremerton/Seattle Washington. 

Has anyone had any experience in investing in the Logan Square or Avondale areas in Chicago?

We are about to turn over an old unit that has carpet everywhere and vinyl stick squares in the kitchen and bath.

But after she tells everyone she knows how she was gouged, don't be surprised when the WA legislature comes out with new law proposals like SB 5600. 

I realize there is a moral issue I am having a hard time squaring about having a renter and his/her family in a potentially dangerous home, although there are no indications the home is in immediate danger.

Casto has signed its first tenant – a longtime Short North arts gallery – at its River and Rich development.The developer announced that the Roy G Biv Gallery for Emerging Artists has signed a lease for about 2,000 square feet of space in the $40 million East Franklinton development now underway.

The Ultra was about $1.00 more per square foot, and looked more like real wood to me. 

Also its a 3 bed 2 bath 1241 square feet- who is your target tenant?