Win win. 

If you had a private money lender, how would you structure a deal with them so you both win?

There are a lot of ways to win.

Regarding auctions, if you don't win the bid do you get all your money back?

Plus, the fact that you wouldn’t have to bring money to the closing table is a win—some investors have had to do that just to move on from a bad decision.That said, if you can hold on, cover the mortgage, and keep repairs manageable, it’s likely just a matter of time before values bounce back—especially with the projected rate cuts.Both options are valid, and there’s no right or wrong decision here.

I also hear from a lot of landlords that they aren't interested because it doesn't sound like a "Win" for them.Here is what I've found works - - - - - - - (1) Picking your target correctly Theoretically, you could rent any residential space and Arbitrage it, but realistically you need to find a place where you, a total newbie, can create enough value to begin a partnership.  

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $315,000

Cash invested: $80,000

This was my first Airbnb purchase. I used a DCSR loan and I spent around $30,000 ...

If you bring the missing skills to the table, you both win and you will learn what you feel you are lacking now.Use the calculators on BP to get you focused on deals and see what works and what does not work. 

Your suggestion is a heads I win, tails you lose.

The best way to win is staying in the game the longest.