I want to use the property as a vacation home and rent my property out when I’m not using it. but I need it to be month to month and every single property I’ve put a offer on  which is 5   I have to cancel because when I read the rules and regulations in the CC&R’s the home must be rented out for at least  6 months!

It's expensive, but this might be the time to tap those "get cash fast" offers from your credit cards.

Our offer was accepted yesterday, and our five day due diligence is supposed to start tomorrow.From what I have thoroughly studied on the comps, they do sell within a decent time frame and for much higher than the purchase price, although the majority of comps are slightly larger in sqft.

I am looking to connect with seasoned investors who can offer advice and possibly recommend trustworthy contractors and inspectors.

Asking us what we would offer.

It seems like you have a reasonable down payment available so offer them a reasonable interest rate. 

I received an offer can someone please help me. 

I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town.  8 standard 2/1 apartments -  Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k     Cap: 10         (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K   Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth,    34k/yrCurrent Cash flow: 531/mth,  6,378/yrAfter reno Cash Flow: 2131/mth,  25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).

My conclusion is that Oregon offers some of the most investor friendly coastal property operating expenses and value in the country. 

Yes, you can use FHA and Conventional program for a primary home if you are buying a "Distressed" property - (Will not pass an inspection) "Subject to">  FHA offers a 203K loan and Fanie Mae offers a Home Style program which has the sole purpose of working with distressed properties.