The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

Just curious, what did you end up purchasing after and why?

Now we are mostly scaling our business with larger communities but I've used many different creative finance strategies including seller finance, private lending, hard-money, collateral from other properties, and lease-options. 

Purchase price: $75,000 Cash invested: $600,000 Sale price: $269,000This is my largest new build development to date.

The second is a rehab property that I purchased for myself, I purchased it out right for 100k.

Highly recommend starting close to you so you can get eyes on the property if you do decide to purchase a true rental. 

Purchase price: $220,000 Cash invested: $45,000 This is a 2 bedroom, 2.5 bathroom rental that I purchased.

Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan). 

Who owns the solar panels and what's my liability if I continue with the purchase?

Local or out of state work if the deal is right. in fact, consider including the numbers for a property manager anyway.