These markets will offer you distressed properties starting at 60kish or so and up to 150kish.For example, let me make up a hypothetical deal.You buy a house for 90k and am putting 60k in to add. half bath, redo the kitchen and bathroom, brand new paint and new LVP flooring all throughout. 

Explain the situation and offer to pay 1/2 of the expense.

Not following the requirements (within Seattle city limits will likely have additional rules and regulations) opens the seller up to liability.Additionally, the seller always has the option of offering "cash for keys" arrangement but be sure that no funds change hands until after the property is vacated and locks are changed.John

I am not spending $40k on their next step, but this looked like a good investment ($1500 and a money back offer).

I guess the next step would be to find lenders in my area that offer these types of loans.

What plan did the tenant offer for paying?

After my beginning I started using my cash to make outright offers then financing back out of them later, usually 6-12 months down the road.

So far I keep hearing about Titan and Solera banks but they only offer checking with no interest. 

I still  have to do some more research into the individuals behind both concepts but what option do you believe offers more value?

Branson’s ongoing development also offers strong potential for appreciation.