Focus on improving all those vs just trying to win a low bid.Dallas area is tough right now. 

Although you can get those wrapped into the loan by making an offer with seller closing credit. 6 months of reserves is a very comfortable cushion to have.

I am also a loan officer so please reach out if you'd like to hit the ground running on your financing.

I wanted to use a 203k loan but have been told that it doesn’t qualify because it’s two separate houses. 

Get the loan first and then arrange things for however you want to do it

Currently only 335k left on the loan but the property at the time of refinancing appraised for about 550k.Are there any options for them to utilize equity maybe or some type of loan program that would put a lien on the property to get the issue fixed?

I don’t want to bother her with signing offers that will be rejected without consideration.An example of this is a house with an outstanding solar loan on it.

Your comment on distribution and contribution makes sense though That term is usually used for when the loan/mortgage is under your personal name and then you transferred the deed to the LLC.But if you meant just commingling funds, that's usually a no-no but you must make it clear in allocating those funds between contribution and distribution so that you have a paper-trail of what happened to that money and this way it won't be labeled as commingling

Before you jump 2 feet into the Real Estate Investing world, I challenge you to find a balance of continuing your drive toward real estate while improving your position at your current role.

If you see a $220k listing for a duplex where each rent is $1000/month you see immediately that this deal is CLOSE TO 1% and that with negotiation or other improvements in rent or savings in expenses could meet or exceed that.