You also could look at a line of credit on the property and pay interest on the money as you use it.

This means instead of getting a mortgage from the bank, you pay the seller in installments.

I would pay the 2500 but I dont trust the seller to get the place to pass.

You won't cash flow in most places while you're house hacking but the goal should be to pay less than you would renting. 

I also had non-paying tenants that owed me, HVAC unit needing replacement, large trees hanging over property structure that suddenly died due to beatle infestation and college tuition due all at the same time.  

@Peston Parsard not sure if enough viewers will note & care about free internet and pay more in rent.Regarding the MLS listing, going to guess your PMC isn't charging you a Placement Fee equal to one month of rent?

My cash in was 10% of the purchase price plus paying upfront for the appraisal ($660).

He would pay my mortgage payment and assume all responsibility for home maintenance until such time as he can qualify for financing. 

Hi bought ten lots of land in Sebring Florida its R# zoned paying for upfront construction cost need help with getting a mortgage once its built so I can continual to build on  the rest of the lots going to be about 18 homes made of containers I have 3 other investors working with me.

More importantly, there no great bargains there…people are paying at or close to market value.