You want to make both parties happy.Most wholesalers fail because they are chasing the spread (their money) and not focused on helping the seller and providing a win-win for the buyer.

I told him that if we can hang on and break even right now, then that's a win. 

I know that a ton of people will win with the approach you are contemplating taking - in taking a HELOC out for the down payment on an investment property. 

Hello everyone,I’m a 18 year old electrical apprentice and I’m looking to do a full dive into real estate investing.I am in the union and earning base wage, parking, vacation pay, pension and full benefits are covered.I am saving about 400/w in a high interest savings account right now which is 60% of my pay, I am going to get guaranteed $5/h raises every year for the next 5 years.

If you see multiple posts a day, it's definitely worth speaking up about like @Nathan Gesner mentioned.At the end of the day, these "trolls, the cut and pasters, and AI posters" don't win in the long term....All sites or groups that grow experience the same issues with moderation (see Facebook groups), but VAs can't moderate because they are doing a letter of the law thing and not reading these garbage posts for what they are - spam, AI, number puffing, and cut and pasting, self-promo.

Ask the tenant to come up with a reasonable offer based on the data so you can work together to keep them there.Almost all tenants come in $100-$150 under the market rate.It's a win-win.

Not trying to scare you, but you could be out $100K or more even if you win.

My goal is a win-win situation, and it's basically for him to do owner financing and rent. 

Some will assist with down payments or closing costs and only require you watch some videos to become a better informed buyer, so win-win.

@Carrie Lane you'd have to prove the PMC directed the pest company to add the screens.Otherwise, you'd have to go after the pest company.Not sure what you would actually win to make it cost effective.