The Skinny Offer usually is understood and accepted by sellers of residential and land owners.Commercial Long Form Contract Offer, this is only three pages, but has everything in it that is needed to make the deal work and to will defend the investors position in court if it every comes to that.Locator Program, a networking system with trained Locators (neighborhood people and others who want to make extra money in real estate but don't want to spend the money or time learning how to be an investors), a good Locator is capable of supplying many potentially profitable leads.

You want easiest avenue, with extra income, partner up on a Rehab.  

Adding extra walls or portions of walls would add to the cost of encasing them. 

I said I would be interested in buying them if he would owner finance (I am currently trying to do a flip and don't want to burn up all my cash).  

I chose to forgo my interests in real estate a couple of years ago and chose respiratory therapy and I am now burned out.

SELLER CONCESSIONSSeller concessions include, but are not limited to, the following:Payment of the buyer’s VA funding feePrepayment of the buyer’s property taxes and insuranceGifts such as a television set or microwave ovenPayment of extra points to provide permanent interest rate buydownsProvision of escrowed funds to provide temporary interest rate buydowns,Payoff of credit balances or judgments on behalf of the buyerSeller concessions do not include payment of the buyer’s closing costs or payment of points as appropriate to the market.Any seller concession or combination of concessions which exceeds 4% of the established reasonable value of the property is considered excessive, and unacceptable for VA guaranteed loans. 

Is an effect counter argument that the down payment is small but I'm paying you an extra $150,000 more then anyone else, not to mention the interest you make on the $550,000 for the 5 years?

There was a webinar on Bigger Pockets tonight titled: How To Analyze A Fix And Flip Deal And Avoid Getting Burned.

Back when they were little, I had a small real estate empire growing that included 12 rental units on 4 properties but I had to burn it all to the ground (or liquidate I guess...) to get a safe distance from their mom. 

If you are making HUD offers from out of the area there are a few extra steps that need to be taken to submit offers and tender a closing.