Ideally, the best option from a financial point of view would be to go through a local community bank.

@James Enyeart best option is the one giving you the most control.So, see who consider a land contract or lease-to-own.

If you're new to real estate investing and looking to get the best value, I'd suggest considering **house hacking** using an **FHA loan**—it can be a great option for first-time buyers.

I'm wondering if a more budget-friendly option, like the RHEEM water softener (42,000 Grain Preferred Plus Water Softener for Hard Water and Iron Reduction) available at Home Depot for around $500, would be sufficient.Has anyone had experience with similar DIY water softeners?

There are better options that don't have minimums.

Or if they would prefer a lease option? 

He is versed in all things REI and was even a guest speaker at the local REI meet-up a month or so ago about all the different options he can offer.

In today’s competitive real estate market, where inventory is tight and opportunities seem few and far between, many potential buyers are overlooking a game-changing option: renovation loans like the 203(k) and HomeStyle.

Any other options you guys may suggest if you've been in a similar situation I'd love to hear it ?  

My current preference is the first option as I’d like to minimize our oversight, but any perspectives on this matter?