But sometimes that isn't an option. 

What does everyone think about lease options?

So I thought to offer the option of "I will carry the remaining $10k and work out terms favorable to both of us."

Hi Cody- I am a lender located in Dallas and have several options for your scenario.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

A couple of options exist.  

Kayla - At Stevo mentioned you definitely have some options.

The FHA 203k loan is a great option!

If you have previously treated this property as an investment property, one option you have is to move out of this property, move into a different property you own (or into a rental), and then do a 1031 exchange.

Or house hack with 10-15% down + closing costs but same % of reserves.Until then, keep saving in a HYSA or as "risk-free" as on option with some yield will provide.You're not situated to be an REI right now, just deal with it.