I would then submit both offers at once and start the negotiations, hopefully with some sort of seller financing.Anyone have other clever ideas for a package deal like this?

Plumbing--rough in all drain lines and supply line from crawl space up to bathroom (drain PVC, supply PEX)--furnish and install--one Sterling shower pan 60" x 30"--one shower door--one Kohler Cimarron elongated comfort height toilet--one Kohler Pedestal Sink--one Kohler recessed medicine cabinet--one Moen sink faucet--one Moen single handle shower faucet--Accessories:--one Moen towel ring and towel bar--one Linen Cabinet over toilet6.Trim--furnish and install 2 1/4" colonial door and window trim--furnish and install 5 1/2" colonial baseboard7.

I did spend for one system...Clever Investor.  

This would be a bit hard to swing as I'm just starting out.Are there any clever ways to get around this?

James, I'd just get written consent from Chris V to share the appraisal with you, and I'd get some sort of written promise from you that if it comes in high you will not share that with the seller (so they don't get any clever ideas on renegotiating price w/ Chris). 

. $40k as a DEPOSIT on property/s that might cost you $160k, but which SHOULD already be worth $250k because of clever sourcing, and all of a sudden, your "cheap rental property" will have gotten you a quarter of a million dollars worth of extra real estate, with no further outlay of your own money!

It seems pretty clear to me that any common ownership in SPEs under Title III would immediately be interpreted as subterfuge by The SEC, but there may be clever ways around it.  

Re-appraised 6 months after each purchase / rehab should have you at 30%+ new equity based on your clever buying and value-adding, meaning you will qualify for 100% funding for the next one, then the next...Good luck to YOU if you aren't asked to provide any skin in the game!

I think that's a really clever idea.  

Thought that was a clever way to get around actually denying them.