It's crucial to conduct thorough due diligence on the property to ensure it has potential for value appreciation or can be renovated to increase its market value.To learn more about seller financing and strategies for adding value and reselling properties for profit, consider studying real estate investment books, attending seminars or workshops, and networking with experienced real estate investors who have successfully used this strategy.

Personally, I think it is paramount to hire a designer to maximize your investment.

I look forward to learning as much as possible and meeting like minded and more experienced investors.

Numbers in FL are not looking great with insurance/taxes/HOA fees/etc for cash flow but willing to  focus more on just breaking even (or close to even) and having significant long term appreciation.Option 2: take the cash, pay 20% long term capital gains and wait as market continues to dip for a prime buying opportunity.Would greatly appreciate insight/advice from those much more experienced and knowledgeable than myself.

Think about when you have taken tests and you are just not sure as several answers seem correct... that's because you read all the answers, wrong ones too.I've done this on three Big test (one being RE Licence) I finish the fastest, the scorer tells me to make sure and take more time, I say I don't need to, then this person tells me I aced the test.You'll thank me.

What or how would you compensate that person?

He is overbidding by an insane amount and still losing properties, usually to cash offers.I haven't done research into this for personal real estate purchases so looking for some pros/cons here from my idea.Can you take out a hard money loan to make a cash offer on a personal home.

I'd be alright with a $4k security deposit and only do 1 month's rent personally, but the fact that they're haggling with you about it would be a red flag for me. 

Obviously, a rational person isn't going to spend every dollar in the business account and would be pointless to let all cashflow sit in cash at a bank and never make any money personally.If you have any information to share, that would be appreciated.

Once you get it, look up the process for filing a temporary restraining order against that person / those persons, and do it.