Essentially it's 5% down from some sort of government funding, non profit organization.

Once you have your workflow and contractors all organized, then I would think about taking on a property like #1. 

Howdy Kyle, For a great overview of the process, I highly recommend Matt Faircloth's book, "Raising Private Capital" because he'll give you a way to organize your thinking about, and approach to soliciting, other people's money.

The owner volunteered to drop the price another $5.k to accommodate the repair/replacement of these mechanicals.

There's no product that's going to make that stuff just disintegrate into nothing; if you've ever seen it, it's essentially a big pipe-shaped (if in the pipe) mass of organic matter. 

We will be publishing relevant project info along with valuable home buying information to drive organic traffic.2.

As the owner, I'm very close to the property expenses and status so while it might mean some organizing, I feel encouraged  I can manage it. 

Volunteer, Volunteer, Volunteer!

My biggest partners and deals now come from people that I volunteered for a year ago when I started. 

You’ve failed enough at writing and tried again though to write that very coherent and organized post that expresses almost despair.