Analyze the property and determine what price you are willing to pay, then offer that amount.

Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.

Yup, you said it.. a "minuscule amount". but that minuscule amount is still a huge number.

Some banks required us to get full apprasial if loan was over a certain amount 500k. 5.

Yes if you hold it long term (really long term), you may get back the same amount that you would have received by not paying capital gains, but you have to hold it long term AND have the house appreciate. 

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

Or should I wait it out a couple of years until I have a larger amount saved up.

With the amount of support they provide I am not against settling for an 8/10 deal. 

Because you are essentially buying into an existing business, the sale of it could generate a disproportionate amount of tax for you given your time in this deal.

In the same amount of work I could find an undervalued deal in my market through existing channels.