I am potentially interested and from the initial conversation looks like something I'd like to move forward with. 

He has agreed to pay off the taxes owed.I'm not what steps are required for us to move forward. 

Looking forward to connecting!

I lived there myself for 4 years, then moved out and converted it to a super-profitable short-term rental (it's ideally situated near great restaurants/nightlife, the National Zoo, Rock Creek Park, and hotels that host professional conferences).

Just move on to the next one.

My wife and I have lived in our current home for three years but are in the process of moving to Pennsylvania.

I don't mind moving here and house hacking, I currently rent and actually really enjoy the area from what I've seen, so that is definately an option.

If you are looking to get cash now I would move forward with a delayed finance.If you are looking to pull out the most amount of money possible, I'd look at a cash out refinance.Another option would be to do a bridge delayed finance, pull out some cash now, then refinance again 6 months down the line when the seasoning period is up.I would love to connect and share some ideas as I am working a couple similar loans as is right now.

I am looking for a 8-10% return after I move out and rent out both units.

How could I even do it in SC before I move there??