Anyways, I think @Caleb Brown hit the nail on the head.

I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.

I believe starting with something smaller will help me build the knowledge I need before considering larger deals down the road.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

Have you considered tapping into your existing rental equity for the down payment?

And cost is not coming down.

@Collin H. yes this is in a residential neighborhoodI will definitely try and push back to the city and see if they will honor their previous issuance of the permit without having to go down the path with the Board.If they say no we'll see what the Board says.

You can't even drive by and look at a tree before you decide if it needs to be trimmed up or cut down.2.)

A follow up question I now have would be do you think its smarter to completely pay off the first property before buying a new property or to keep going out and buying new properties once i have enough saved up for the down payment along with extra fees?

It still seems confusing.Where do I get an purchase agreement, how do I transfer into the investors name, do I put down earnest money???