Its easy to find another proposed tenant to move in so you have no potential issues with the bank or the existing tenant/owner.

Fixing things later costs more money.Fully understand every detail and budget line item of your builder's proposal.

Gerry,What is your cash flow on the rental property you're proposing to refinance?  

HI Fez.You could refer this lead to an agent that you know and propose a split if they are able to sell.

However everyone I've talked to has proposed wholesaling as a gateway to other ventures.  

While there is still a lot of regulatory uncertainty around JOBS Act legislation, there are certainties around existing regulations, some of which allow unaccredited investors, like Regulation A, or intrastate crowdfunding, which bypasses the federal regulations.

Exceptions might be properties within walking distance of the proposed light rail stations

I believe that the 6k appears as a "seller concession" on the HUD (again, I'm new at this...).I think you are wise to avoid trying to incorporate rent credits for the t/b in your proposal (Dodd-Frank).  

Interesting, so a HUD property is listed for 100,000, I offer 80,000, Hud sends an email proposing to sell the house to me for 90,000, and I have 24 hours to accept the offer. 

But seriously you haven't proposed anything outlandish or creative.