(Please, if anyone has an alternate solution, let me know).My long term goal is to continue this process over and over again until I'm rich enough to run for president.

Again only with people with good credit and steady pay checks can do this and is a better alternative to hard money.

And after the 3rd I'd probably be stuck for awhile until i can save up a lot of money.Or an alternative to buying condos in LA would be to invest out of state.

That is why I am looking for cheaper alternatives.

If anything looks promising have your agent earn their commission by contacting the owner and negotiating the best price.Good luck Yes, I'd imagine if your property has been on the market for 150 days, then you get more and more willing to listen to alternative answers.   

Michael, [EDITED: Here's an alternative] Purchase Price is $147,900.

I hired a trash hauler with his & hers pickup trucks, but they quit after the first day.

But I got married in jeans in a public park (and that was exactly what I wanted) :)  So I may not be the best to advise on this.An alternative if you're willing to consider it, is to move into the new property so you can get owner-occupied loan terms, which come with much less down payment requirements, and you can rent out your current home.  

I am keenly interested in the alternative marketplace which is Crowdfunding/P2P Real Estate Sites since early 2013.

There are many other alternate and creative ways to find deals that may be worth a shot.