My lender just informed me that my seller concessions exceed the relevant closing costs (including points buydown) and that the money left over will be a “wash”.

It is not a solution you can just throw all your money at to get rich quick.

MBD is now in chapter 7 bankruptcy with at least $18M of investor money missing.

Or, if you don’t have a loan on the property, then you make money through cash flow.

I'm getting close to my savings mark for getting started so I'm looking to get involved, learn, and make connections.

I have about 25000 saved up and I'm living at home for free how much of that should I spend on a property or save.How does someone truly manage a property "effectively" from a distance? 

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Would the best bet be for me to just park a chunk of that money in a high yield savings account until tax time?

They are going to write up a field estimate and are willing to (usually) pay you (the homeowner) or your preferred Contractor that money for the repair.  

We are looking to do a private money lending deal with a company out of Chicago on a SFH.