We're not opposed to that, really just want to evaluate all options before pulling the trigger on anything.

In a market this hot, not being able to pull the trigger can be deadly, and often results in a deal you've put time and effort in becoming nothing more than practice. 

They met all my criteria, but I haven't pulled the trigger on it because I am exploring my options.

Throw in some city or county names to trigger keyword alerts for BP members in your area.

Anyone have some insight, contracts, or advice so I can pull the trigger on some of my low equity motivated sellers? 

The price for that advice and heeding that advice will far outweigh the cost of raising capital in a manner that is not in compliance with the law.

Most of the time you would not even make a claim for a small amount anyway so you're not losing out.I have older buildings with outdated construction methods and use Replacement Cost with riders for debris removal (in case of total loss) and Law and Ordnance (since the city would require modern code compliance on any major repairs).

So when I first got started I spend a few months learning various markets that could meet my cash flow needs and after I found a market I liked, I pulled the trigger and built my team over time.

Unfortunately, some people don't listen or they pull the trigger before they even look into anything.

Property values in this particular community have been going for around $45-$60k depending on the overall condition and total square-footage of course.As I am currently searching for a hard/private money lender, I thought I could set the ball rolling with the little cash that I have instead of waiting on a $100k+ property that I would need some sort of funding resource.I am this close to pulling the trigger on this one but would appreciate some input if there is something I am overlooking.Thanks.