Perhaps the sale price listed is based on the balance owed?!?

Then when it makes sense, pull money out or 1031 into something new.

IN Oregon. we have very few derelict houses or building very few.the one area north of downtown ( the old warehouse district) most all bigger cities have those areas.. the City put a 10 year tax abatement for repurposing the buildings to residential so buyers did not owe property tax for 10 years. 

.- You don't need to offer the full asking price as earnest money, but a large deposit definitely helps woo the seller into believing your offer is serious.

Performing notes the investor makes money from the monthly payments at a ROI determined by the payments and the amount paid for the note.  

Look for a private money lender that will finance some or all of the deal.5.

I myself will be looking into them, evolve is stealing a lot of money from you in fees.

Don't let them pad the front end of the work with all the money. 

It's turned into a money pit, but at the same time it's on a beautiful .90 acres with a view of the mountains and a pool that I had remodeled.

I'm pointing it out because there is no way a channel of your size is worth anywhere near the money you say you were offered.Actually, likely quite a bit more, if you value it based on a GCI multiple.