Forget money, real estate, cars, houses, jewelry, etc.  

However, H and W would still each have $75 left in each of their respective LLCs, and I would think could use those LLCs to continue to make their own separate investments (or even potentially combine again into another separate LLC (HW2 LLC) in similar fashion as above to buy a second property).   

This is the old fashioned way and has a lot of competition, but I find that it is harder to do than picking up a newspaper.

I know Trulia local is handy, and old fashioned observation is great, but I'm curious as to whether or not you much more experienced folks have any other methods or insights.Thanks!

Alternative: sell the note to a note investor.One way to do this is to contract to split profits in some fashion.

Put some old fashioned elbow grease into it and I'd be surprised if you can't sell this season.

So if I state in the agreement that seller will pay up to 6% concessions, is there a way that I can structure it in an incremental fashion.

I’ve fashioned a 4X4 “4-Week 4-Touch” Marketing Campaign from forums on the WWW and Bigger Pockets.

Fashion your mission statement around that.If you haven't figured out a niche then put your mission statement on the back burner.  

.#2 - partner with owner in some fashion - we work together for say 5 years -- at the end of 5 years I have the option to buy at an agreed price?