Running a proper title search seems to be my next logical step here. 

I think  my logic is solid... so it wouldn't realllllly be blindly ey?)

I can follow your logic as far as comparing it to the stock investment and it makes sense to me.

But just wanted to take advantage of the opportunity with the owner occupied down payment percentage, of course the Atlanta plan seems way more logical!

BTW, I don't know what the market is for these things, so I will let others chime in, but if the logic makes sense to you, run with it.  

Nothing wrong with you offering based on that logic but don't be surprised if they come back 2-3% higher.

I can pour this into paying off the HELOC quickly and if I get in a pinch I can always rely on my cash reserves to pay off the HELOC in full.Given all that, I feel like it's a logical move but want to make sure I'm not overlooking something.Thanks

I really don't get the logic.  

I WILL be taking a loan out on my 401k here is my logic behind it... 1. its got no interest to anyone but you!

I can only say that this explanation is the most logical one I've heard.