Create & define your Buy Box and then find properties that fit.Make offers that make your numbers work, not the asking price.

I know at one time VHDA was offering 40 year financing on mixed use projects.

Make a lower offer that reflects more than the additional cost of that problem.

@Ryan Keenan https://www.va.gov/housing-assistance/home-loans/loan-types/ all of your information is here. call multiple lenders, due dilligence is the winning factor in your book!

I imagine there are a lot of 3/2 that probably sleep 8-10 and if you can offer a slightly larger bed count and a cool game room/theme room you can differentiate yourself a bit from your competition and get some extra revenue through slightly higher rate (extra person fees, etc) as well as an overall higher occupancy. 

Just yesterday I had the same conversation with Jessica LaRusso at Seek Capital and they also offered me lines of credit through un-secured credit cards, offering 0% interest for 12-18 months. 

Once I plan to offer the unit, I offer it contingent on successful background check: In addition to the basic applicant approved transunion smart move through buildium which I pay for, when smart move stopped providing criminal background data, I  added a $49 tenant paid service through rentprep for nationwide criminal and eviction, bank account deposit verification, and employment verification.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I started looking into real estate as a way to financial independence around that time and was offered to buy my first property by a family member who was looking to leave the investment world.

I think you're saying you'd like to make a deal with the buyer to purchase the property, however, because they don't have title, it's not the buyer's property to sell.In that instance, what you could do is offer a four-year lease during which time you make payments that would cover their payments to the owner, and an option to purchase.