As far as I understand, as I am living in it, I was able to get cheaper down payment options.

(I don't have $10k liquid, are there other options or do I just need to save-up for a few months?)

If the house were in perfect condition, it would be worth around 250-275k but as of now, selling isn't an option because we may use that property in the future for our business. 

It's not unheard of, but I couldn't understand why anyone would want to do that given there are so many other options out there.

Also integrating them with Podio as well as an option. 

I think Rooms to go would be a good option to get you started given your distance.

Congrats on having an option. 

If that's not an option then it depends on what kind of investor you want to be.

Also, you should ask for an option period, i.e. the first 14 days of the escrow, so that if you need to cancel for any reason, you can get your EMD back. 

DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?