In the end, it may be the same amount of money or more, but it will just have to be structured differently as you navigate the shifting market.Northwest Valley would be a good option. 

Imagine getting 20-40% off many things others have to buy with post tax $’s.Don’t forget that “stepped up basis” if you have any heirs.

Remodeling costs increase the property’s basis, while post-rental repairs are deductible expenses in the year incurred.An LLC isn’t necessary for a single rental but can provide liability protection as your portfolio grows.

Look at the pictures to evaluate the quality of the materials and workmanship of the comparable sales and align your ARV accordingly. 

When will the next investor meet up be in town?

Need more details. ;-) The following is just general informationIt sounds as though the seller has an investment to sell, not his private home.

This puts the home underwater.I've calculated the following two options: To sell the house, it would cost me about $60,000out of pocket.

As part of the deal, they are paying me to take some of the backyard.

Hi Joshua and welcome to the forums.

Probably better to post in the Buying & Selling Real Estate Forum.Without details, hard to answer the question.