While a lot of what you'll learn will be from experience, I do think there are some resources to increase your knowledge base and give you more confidence as you take your next steps.One book I'd highly recommend starting with is The book on managing rental properties. 

Next time work with an agent who is a better fit and think things through more before making an offer with no contingencies.

Russel, do you think appraisers would be more conservative in their valuations if they suffered a financial penalty for over valuing property?  

From my own experience, I know that letting personal biases or bad feelings about the seller or property affect my decision-making can cause me to miss out on chances.My first mistake was being too set in my ways and not being able to think outside the box.

@Scott MacI think your take has several flaws.1.

I think she still qualifies for a first-time home buyer loan/benefit in Connecticut but not 100% sure what those are besides lower interest rate and potentially less % for downpayment?

Any flaws in the thinking or process?

., quick close, no finance contingency, as-is, etc.) but is priced so low that sellers will re-think the creative finance offer/option.

They offer 7.5%, 8%, and 9% funds at 6, 12, 24 months I think. 

If we do get a fed cut i think rates will start looking really attractive to investors.