@Jason Grimm You have no numbers other than 100-150k down and 24 month balloon.

-Second company told us that the tenant must request the verification directly from them in writing and then they will release a standard letter directly to the tenant with the dates of tenancy and rent amount.

Will your seller accept installment payments for 12-36 months with a balloon while your credit improves? 

Basically, it is verbiage stating that I will release them from the lease early once they provide a commitment letter from the bank.

You could ask a couple lenders if some kind of “this person has a job when they get here letter” would work.

Is anyone open to sharing a marketing letter that you’ve sent to absentee owners?

From there you can write a letter inquiring about the property or your interest in purchasing it.

@Kyle RobichauIf you will go the commercial route in my experience will have a 20 year amortization with a 5 year balloon.

It will maximize the income and diversify your portfolio away from Vegas where appreciation can drop like a lead balloon in a New York minute.

And I've had pretty good results with that with just hand written letters and envelopes, with a fridge magnet.