I have an above market offer so what Is my legal exposure if I attempt to get out of verbal contract.

Every attempt should be made by the PM company to not be "sales" oriented with the calls.

It seems more risky for a newbie to attempt without experience, especially out of state.

My question is do we attempt to grow this capital through real estate adjacent business or other means so that we may purchase or leverage those multis or does it make more sense to deploy the capital on an in budget cash-flowing single family And take the HELOC at 80% value or leverage that asset in some other way?

A few months ago I was in the same spot figuring this all out alone but I had a goal at the beginning of the year to save $10K and attempt to buy my first property.  

I'd like to attempt to owner finance.

I'd like to attempt to owner finance.

I will attempt to get it repaired while waiting for a new oneThanksRanjith

Then rent it out, or attempt to, and then live in it for 2 years.OPTION 3 Do option 2, except lease out some of the land for grazing or some other business.

I totally respect the attempt and am happy to jump on a call to throw you as many pointers as possible to make the process less stressful.