I sent in my paperwork about 3 weeks ago and haven't heard back (instructions say it could take 10 weeks).

@Michael E. most of the advice given are good advice to cut your loses to play another day. rehab and selling it at market you will also have to pay closing cost vs off market you wont. having said that i understand what you are trying to do. its not that this is an investment(its a bad choice money wise) but more so an opportunity to learn and be hands on. there are other ways to learn(cheaper) but to some you just have to be hands on and get into it. my dad is an automotive instructor and some of his students are book smart and can ace test but actually doing the work they fail and some are the opposite. if you dont plan on becoming a gc, then getting your license will only help in learning the building codes, not really how to do the work. though its good to learn the building codes so you dont get sued or insurance doesnt pay out because of illegal work. 

You still need to look after your properties, think about them and at times instruct us if you want something done.

Instruct him to tell the listing agent that you are expecting a counteroffer to your offer. 

Because your a Pro and specialized in HUD listings you should tell everyone about it and give the step by step instructions on how you get them to work.