My initial thoughts would be to secure a construction loan for the total rehab amount based on the entire property's ARV.

Yes we are all based in Austin. 

Based off experience can you provide some recommendations on if this is a good idea and how to address his rent in this situation?  

Seems like the market value they are using might be low based on the minimum bids listed.I was looking at a property with a min bid of $35,000. 

If I lease it, what is a fair CAM per sqft Landlord shall charge beside the base rent in Triple NNN lease?

I feel I can negotiate the terms based on the condition of the property but should I be concerned about the existing wrap loan?

Looking to team up with contractors, agents, and anyone who's got their boots on the ground, especially since I'm not based in the U.S.Excited to learn from you all and see where we can collaborate!

Based on this, they will opine on the developability of the site and give preliminary foundation recommendations.

An agents motivation to work with someone based on receiving a higher commission seems unethical to me.

We made an offer based on what our down payment could buy.