You have to expect holding and transaction costs that typically run in the ball park of 10% of the gross project value.  

This is where a low low low ball offer is appropriate. 

When you make a low-ball offer, you might worry about making the seller mad by offering too little and insulting them.

Every time I got up to that plate in high school hoping to hit a homerun, I either struck out or hit a fly ball.

If anyone has any insight or tips on how to get the ball moving, I’d appreciate it very much!

The money at the end, even with 5%-9% Cash on Cash ROI, is spectacular from my perspective.Getting that ball rolling is the key...So Property 1 (here is where I ask my questions)...Buy a Foreclosed or Dramatically Reduced (Not in this market) PropertyIf we can pay cash at this point, we should, I get that bit, but CAN this be financed through a bank?

Probably not that much.Neither you nor I have a crystal ball to see where the economy is headed and what will cause the next downturn, but I'd be willing to bet that when it does happen, the self reinforcing cycle of job lose you mentioned will happen, because the financial market is made up of humans who make sub optimal decisions with incomplete information. 

Things are really now starting to snow ball and it has got me starting to think of diversifying some into index funds and maybe some bonds to great another layer of FIRE protection.

Many investors start the ball rolling with title once there is ink on the original contract ... and then if/when they find an end buyer they send the assignment to the title company.

Later on, it was learned that some of the managers, and officers who accepted the low ball offers were actually taking cash payoffs to do it.