Many local groups will step in to find and fund "first time etc" qualified hard working homeowners though, find great tennants to get in your units if you go this route, & set it up correctly.If states like Indiana are pushing that they are "tiny home friendly" (in that case I've heard of the log cabin law, but don't necessarily know if that's directly applicable to community-scale developments).

I know his cost basis in the property is likely very very low, so selling would trigger significant capital gains and depreciation recapture. 

If you're successful, you can use earnings to fund your own ventures.

The biggest thing I'm noticing with this listing is the desirability of the neighborhood is extremely low.

After you have a contract at the numbers that work for them, they will fund acquisition and rehab, take the risk, and split profits on the backend.

Check in with @Joseph Chiofalo they do a lot of low LTV jumbo investment and second home loans for us. 

I have a licensed low cost contractor 

This not only adds an unexpected financial burden for frequent battery replacements but also leaves the reliability of these locks in serious doubt.What compounds the frustration is the absence of any low-battery indicators or warning systems.

The property required only $12,000 in renovations, presenting a low-risk, high-reward opportunity.

@Joseph Stammeyer, the program costs just under $10k and they will fund all of your fix & flip deals, including the rehab.