I got to thinking that this could potentially be a decent way for someone like myself with limited funding to build more savings to invest into larger projects and really get the ball rolling.

You can try your low ball offer, but if you really want it and it is worth $240-260K in your opinion, do you really want to go as low as $200K and tick them off?

If the seller won't play ball, I will then need to decide whether or not this is still a good investment. 

A good strategy could be to find an investor minded Realtor in your area and place a ton of low ball offers on high days on market listings. 

No one has a crystal ball but this is what I foresee happening. 

We through our lender a curve ball with this house.

It is more like a snow ball rolling down hill. 

I understand there’s more to it with commissions, expense etc but I want to just get a ball park to see if it’s even worth considering selling to take advantage that we lived in it for 2 years.

Eager to get the ball rolling.

@Nadir M.As you said, lots of talk, here's the main BP market crash conversation: https://www.biggerpockets.com/...Just discussed with my broker friend @Will Fraser, he expressed that perhaps holding onto some cash and waiting until BRRRRable properties are not selling 10% above their value would be wise, but if you like playing in the ball pit with all your friends, I get that!