You might write up your offer at $100k purchase price, asking the seller to contribute $7k to your buyer closing costs.   

Money becomes very relevant at the time of purchase; especially if there is not an equal contribution.

I'm also willing to contribute my time and skills if anyone is looking for an extra pair of hands -- just looking to learn from shadowing and practical experience. 

Once you have self-income, and if you don't have employees, you can set up a Solo 401K (and Solo 401K Roth), the best option of SDIRA options, and contribute tax-deferred/free $69,000 per year (and $69K for your wife, if she's a managing partner in the PM LLC), thus setting aside a big chunk for more investments (private lending, notes, syndications, even more houses).

Thank you for contributing on this thread. 

The impact is already there, indirectly.AI already contributed to reduce the salary of tech workers thru these processes.

Your guidance and insights would be immensely valuable as I navigate this exciting chapter in my real estate journey.Thank you in advance for your time and contributions!

@James Wise my knee-jerk reaction when I read the e-mail this morning was "Huh, so your telling me it's about to get a whole lot easier to negotiate for seller contributions". 

Assuming that minimum, I would only be spending about $250 a month on average, which comes out to $3,000 a year, with $27,000 left over (or 25,500 after taxes, assuming I contribute about $5,000 to an IRA that year, which I full intend on doing) for the above. 

They contributed $125,000 cash as the down payment (25% of purchase price) but my wife and I are the only individuals on the mortgage loan.