On Craigslist I saw lots of "Fash Cash", "Quick Sale for cash", "We bug houses" type of ads, has anyone done such a transaction?

Act quickly. 

If they choose to go out in the neighborhood they will quickly realize that the more houses they visit, the more candy they receive.

@Bhuja Parikh,You can still find good SF in suburbs of Austin in 175K range.You are right, SF is better investment than condosNot sure how much more quick appreciation you will get in Austin, need Amazon HQ2 for quick appreciation :)What is your property criteria...

I listened to podcasts and quickly learned that I would need to find off market deals.

With quick numbers like that, it seems to have strong potential to be a great rental.

It starts to add up quickly. 

Thanks Guys for your quick response.

We purchased this property with the intention of performing some cosmetic rehab and reselling it quickly and that's exactly what happened.

One offer with conventional financing and another higher offer with seller financing.This way he looks at the higher dollar figure and is more appealed to that offer.As suggested - it also helps to provide pros/cons for the seller to do seller financing.He might find it attractive if he is nearing retirement and still looking for an attractive rate of return via the interest rate on the seller financed note.