Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect. 

I think one of the huge issues is the lack of communication and keeping me in the loop this what I’m currently go through with these contractors.

Does anyone have experience with buying a foreclosure home?

I understand was mostly well intentioned but if you think a woman goes to a meeting with an older man she has little connection to and isnt already thinking "I hope this guy isn't a creep" in the back of her mind then you're wrong.

I edited out the link, It went to what looked like a Spanish language site and possibly a spam site. 

You should also have a conversation with them to understand their situation and you can explain yours (posting the notice).

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I have to agree with Bill mostly, this sounds like a really bad deal for the seller unless they're sitting on no equity whatsoever.

Hey Alexander—this is a common issue with DSCR loans on STRs.

I bet @chrisseveney  can give you some words of wisdom on this subject