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Are you looking for a lender contact on this, or wondering how to structure the business? 

My thinking is this leaves me with two paths: A) Best case is I pick up the foreclosure for $1M, immediately list it for sale at $1.6M or more and hopefully sell for a > $500K pretax profit. 

Hi William, glad to have you as a part of this awesome community!

This home can use 200k of renovations. 

I am always happy to help a Military Veteran and a Bigger Pockets member!

Otherwise many many many agents spend a lot of time and effort finding property and writing contracts only to find that the funds can't be transferred, or they don't have immediate access to the funds, or they need some kind of approval from 3-4-5th parties, or there are exchange restrictions, or 9000 other excuses.You probably need to find them a commercial broker who can handle whatever kind of investment they want to make. 

Quote from @Nathan Frost: Hey all, inspection is this Thursday. 

This is also my friend’s childhood home. 

I would discuss financials on this if you choose to come see the pre-rehab on Dec 1 (I have made a lot of money (close to 7 digits after this rehab is done in ~2 months) but due to not executing a cash out refi (due to the rate increases) my return is below my underwriting).