I make plans for the future, but when it comes to the advantages within reach, like what I need to do now, I neglect that opportunity.

What is important know ex: contingencies with the city and/or other unknown circumstances with dealing with such a property?

I "drive for dollars" to look for any house that looks abandoned/neglected.

We put $20K into the house with a new roof and more as the previous owner neglected the property.

comes down to circumstances.. some folks I bent over backwards for some who acted nasty and entitled we dealt with them differently.  

I would hope it wasn't a circumstance like that. 

We have a Hard Money loan program that given the right circumstances can cover 100% of purchase and rehab.

Alright so doing the daily deal analysis and found this property, 230 Belle ave randomly on the tax assessors site, and was playing around with it, it seems like a nearly impossible place to pull off in my circumstances, so I am curious, how would you guys make this work, and I am curious under what outcomes do you define 'work'.

How long it takes for that support and any restrictions will depend on the tenant's specific circumstances. 

I'm wondering if, assuming the seller might consider an offer over ask price if it was a conventional loan, will I even be able to get a conventional loan given the circumstances?