Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

With Laundromats the the machines are your money maker (I know duh, but hang with me). 

The PM company doesn't really do anything with the 1099s since the rent money doesn't belong to the PM.  

This money would change my life but i have a hard time believing this.

If you only have a homeowners policy, and something happens like a fire or a guest gets injured, and the insurance company finds out you're renting out the house, you're in deep trouble. 

Real estate is easy to get into, but hard to earn a living. 87% of all agents quit within two years because they don't make enough money.

I've used the search feature on this forum but didn't have much luck.Are there any US investors, hard money lenders, or groups that invest in flips outside of the United States, specifically in Europe (Netherlands, Spain, etc.)?

@Duarte Marques you haven't shared how much money you have access to for a purchase?

You’ll make less money but you may learn more along the way for future projects or reduce the headache factor (which can be significant).

Just save money and etc....This conversation is not for you.