@Catherine Morel I sort of did....they required an upfront fee for a proof of funds...$250. then when it came to a deal they said no...That was my experience

But, if you don't have experience in those sorts of neighborhoods, and even moreso, you don't have life experience with the socio-economic type of people who would be your tenants, that's your answer. 

@Sharad M.Thank you for the great motivational post.

I was more so trying to find a program of sorts that give good pointers for things to look out for while demoing a home.

Move with confidence and you can sort the little things out as you go!

I don't yet know the seller's motivation, so I can't speak to the possibilities for owner financing.

Hi Everyone,Me and my wife Emily are new to Real Estate investing but very motivated to learn.

My point was that your experience supports my observation in the sense that I think they are trying to be "market makers" and sort of control prices. 

Since I'm technically borrowing 100% of the purchase price by taking the down payment from the HELOC (rather than the 75% loan against the subject property) I guess I could indicate 0% downpayment and create some sort of blended rate that represents the new 1st mortgage against the rental property and HELOC payment.

I don't really understand your motivations for trying it though.