I am not extremely worried about getting all the cash back because it will be my home, not as much of an investment. 

I would strongly advise that you work with a realtor who understands your local market extremely well.  

I have been extremely instrumental in helping to turn the community’s financial situation around in the past 2 years as I joined the board as the president and have initiated several upcoming and impactful capital improvement projects.

Then, I always do what is necessary to ensure the residence is clean, safe and functional:Make sure it is extremely clean and free of odors.Give it a fresh coat of paint.

I am extremely interested in wholesaling. 

She wants what she owes on them and that is extremely doable. 

Resale of the home will be extremely difficult and reduce the property value by tens of thousands. 

The BiggerPockets guide was extremely helpful. 

I'm looking for a wonderful real estate attorney who knows the Denver CO area extremely well.

Meaning, for the more simple minded people, you could sit with your thumb up your butt for 121 months before you run out of the $8,000.If you can make more than 0.8% or $65.90 a month on your $8,000 over the course of 30 years, then I would say you would have made the right decision to skimp out on the bigger down payment.NOW.. my honest opinion, although i'm not a mogul like some of these people are, or pretend to be on this website..I would say keep the $8,000 and find a way to get extremely creative with it in order to make more than .8% a month to make it a good investment.