You first need to determine what you can contribute: cash, good credit, management skills, financial skills, knowledge, etc. 

I look forward to learning and contributing to discussions with you all!

The tenants are a cafe, bar and nightclub, which might not be the best tenants as it is...and who knows if the current owner would even entertain such a low offer as the property is probably worth that cost alone....Would seasoned investors walk away or try and get more info?

Definitely many investors from the Philadelphia area on here who are totally willing to contribute to your knowledge. 

I work for a large hotel company in executive management and I am a professional chef.Thank you for reading this, I'm looking forward to learning from and eventually contributing to your Bigger Pickets.

Lots of variables.I also enjoy the research and investing in stocks and mutual funds, but I do not consider myself a finance expert.I'm looking forward to learning from some of you folks here, and maybe I'll be able to contribute something myself.

@Adam Craig if you're using a Conventional loan, for the purchase of an investment, interested party contributions cannot exceed 2% of the contract price.

@John Hixonthe contributions that you made to your Roth IRA can come out tax free at any time.

My plan was to use a quit claim or capital contribution to transfer the title into my LLC. 

Every single one who has responded has a wealth of knowledge and contributions to make to your life and help you grow.