We did end up negotiating the price down after the initial walkthrough.  

I'm seeking guidance regarding my initial rental property, which requires significant repairs.

The good news is that once you gain some traction and close a few deals you can hire a VA to help at least make the initial calls and hand off only the sellers interested in an offer 

I offered two offers initially, a conventional mortgage offer and a seller financing offer.

The initial premium is likely going to be higher, but she has some carriers that will allow this, depending on what the remediation is, especially if they are buying it as an investment and not a primary.

For example, a $1 million policy could have an initial commission of $50,000 to $100,000, significantly impacting the policy's cash value in the early years.Limited Access to Capital: Accessing the cash value requires taking out a policy loan, which accrues interest, typically at a rate of 5-8%.

@Alex JacobsNew investors who want to increase their portfolio and reduce their initial investment often employ the "house hacking" method.

We initially were looking at 3-plex properties but they are mostly listed close to $650k.We saw and have interest in a 4-plex in Irvington, NJ listed at $700,000, fully occupied.

I created an account a while back without much initiative but now I have returned looking to learn the BRRRR method.

I'm not sure the specifics of that market but my initial gut reaction would be that 90+ day stays may be a bit too limiting to make an MTR worth it. 90 days could work well with the average 13 weeks for travel nurse contracts but may limit your digital nomads, business traveler, etc bookings.