The seller has agreed to pay all closing costs if we structure them on top of the 200k.

The "bones" of the unit seem solid though so no real structural damage.A couple of questions now regarding how to handle the tenants.

Replacement Cost: The cost to rebuild the structure with the same kind and quality at the time of loss2.

Should I wait until I have more of a business structure before I begin to network and build a cash buyer list?

Raw land is different than those with structures and you will not be able to pull out as much percentage wise.

Other financing can be structured without involving the seller having to carry.

I may try to gather some folks in the near future to have a very casual and less structured meet up, like maybe over a few drinks at a bar or something just for some ice breaking.

How would you even structure a deal like that? 

Implementing it over the course of time through a set of daily rituals is the challenging part.My strategy in a nut shell is:Mind Mapping the flowCreate a Massive Action PlanDevelop my identityBuild my brandSeller outreach using an outreach matrix and tracking resultsAttending conferencesBe in a position to close when the opportunity presents itselfWhat is your strategy or how does it differ from mine?

@Missy Longshore most people don't realize (check with the planning department for your city) that ADU's can only be rented out if the owner lives at the property (either the owner has to live in the main structure or the ADU and you can rent out the other one).