Good to hear a big Guru chiming in, great of your offer to help Dean...

Specifically, I would appreciate any links, videos, or other resources that outline my obligations.Do I need to mail the tenant a detailed statement showing any deductions from their security deposit and the remaining balance, if applicable?

Many HELOC or second mortgages are fixed interest rates and depending on the loan amount, even offer 100% online and no appraisal requirement for issuance.

You need to also have the resources necessary to seal the deal.

There are so many so be sure to filter by your location. 4) Review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!)

---You could offer to let them out of the lease---Refund the cost of the test---Spend up to $x to address the issueYou should explore the consequences/expectations before agreeing to anything else.Second, allow them to get a test done by an inspector you approve. 

But hey, that's why we are such a resourceful bunch, right?

Under this method you make your one and only offer; no negotiation, if it’s not accepted you walk away.When I started in real estate investing a couple of hundred years ago, I was a proponent of the first method.  

The custom builders in the area are very competitive and are offering pretty inexpensive builds vs comps.If the lot was purchased recently for 20K and the turn-key cost to build is $200K, after I close on the house (bank said appraised value would be 220K), would a new buyer have problems with it getting appraised over $220K even with other comps selling for 300K+?

Have couple of offers to buy, one is convenience store and the other is storage company.