The house recently appraised for $550,000 and we received an unsolicited offer in the $600k range a few weeks back.

There are safe financing choices for real estate ventures, including seller financing, hard money loans, private loans, government-backed loans, crowdfunding platforms, and traditional mortgages.

Greatly appreciate any of your thoughts and feed back. 

Not a lot of deals going back and fourth so I don't think there is a reason for a bunch of self storage dudes to get together.

I pulled up homes on Stetson Cir 95691 and a 5 bedroom 3 Bathroom 2,377 Sq Ft. home is quoted on Rentometer as $3,218/mo average with a +/-2% range on a 36 mo look back and 1 mile radius - the radius is important so as not to include Land Park homes across the river.

But carrying on like I said I would have about 10-20k depending on closing costs in reserves and have another bank account with back up back up but I really do not want to touch that, with that being still said I am not adding to capex, maintenance, or vacancy every month even though I probably should. 

Any one who advises that you keep or transfer Title to your names to obtain lending then transfer it back (horrible) are obviously residential lenders.

Two days later...he springs back up again.

Picking up the property in distress and fixing it up offers an opportunity to get some, most, or all of your capital back at the refi table.Here is a very simple deal to play out how it works. 

After signing the real estate contract he wanted me to scan the document and email it back.