Can you put more down? 

Many Hard Money Lenders will work with 1st time investors but they will want to make sure the numbers check out and you will need to put down around 20%. 

I just attended a 3 day workshop put on by Phill and Shenoah.

Granted the tenants aren't the best quality, their list of complaints is every-ready and I have put them on notice to evict.

I don't want to put my rental income into a solo 401k if I don't need to. 

Andy, you’re being smart to put the safety of your family first.

If you put up $100,000 and fail to get financing the owner isn't really going to mind keeping your money and calling one of the other two offers up. 

He's obviously not all there and you put a target on yours and your wife's back by openly acknowledging his behavior.

It will take (300 divided by 1.6) 187.5 months or 15.6 years for you to put away $300K from cash flowing the property (This assumes that the property is never vacant)When considering the time/cost of money, i.e. inflation, the value of the $300K from renting over 15 years is small versus having the $300K now.I would sell.

You just want to put me down for some silly reason.