More simply, can anyone comment on creative ways to minimize initial out-of-pocket cash by using a combination of a non-conventional loan and a HELOC or other?

Minimize utility Expenses: ( at least separate electric , Water if possible).Separate Heat etc. is desirable.

I was also told in a recent training (Justin Wilmot's 10hr wholesaler) that a double close allows an individual to take more control of a property closing in a given situation, minimizing variables of risk.In most cases, i could possibly do this, given that it involves getting a temporary equity loan to purchase to home then resell it to the buyer.I'll have to investigate this option a bit further.

Although the trulia and zillow estimates cannot be used to estimate value, they indicate a general idea.

Following...I'm New to this but I was just figuring I would get a minimal policy after purchasing.

But I have the $7500 for repairs and I know how to get it sold with no commissions and minimal closing costs.IMO there is no deal for a landlord buyer and no deal for someone who can't work on thin margins.

A quick search here on BP indicates a high level of complexity from a legal standpoint.

@Billy Bob I think the biggest thing to minimize your concerns is to track each of the payments you made either with cancelled checks or copies of your checks from your online banking site.

But our friend and GC we brought over indicated the issues were mostly cosmetic and could be fixed.  

(I manage my own as there is not much to manage in a condo, and I purchase mostly in cash to keep costs down) Keep in mind that any repairs, vacancy, or special assessments will put you in the red if you do not minimize your fixed costs.