@Sam OwensSince you are a first time investor, I would suggest assigning the property "as is" instead of undertaking a rehab.Unless you have funds on your own or you personally know people with money, it will be hard to get money, even from private lenders, unless you are willing and able to put some "skin in the game" (money down.)You build up your experience and resume as an investor by doing a few wholesaling or assignment deals to start with.Also don't second guess what potential buyers would be willing to pay for the property.

Just curious to see how your process went, looks like there will be skin in the game for the next Investor.

I welcome any and all feedback (I have tough skin ;).Thank you!

I've got skin in the game now I think I might just be overthinking the situation a bit.

They have more skin in the game then you do.Make sure you get clear title.

In the last about 7 years, I've read about 150 books about real estate investing, sales, and business management.I've talked to many lender in the last year and they tend to want experience and skin in the game   I have talked to banks, private money lenders, and hard money lenders and they tended to like experience and your cash on hand. 

If not, then put it back on the market.Buyer has some skin in the game since they've paid for inspections. 

Investing with a rookie with no track record, no skin in the game, etc. is just incredibly risky as (if things go sideways) it’s just too easy to walk away.Who knows, maybe you’re raising $200K from outsiders and putting $200K of your own money in for rehab, closing costs, etc.

@David Bellmont Yes, this is all possible.You'll need to obtain financing to purchase all the properties... and you'll need skin in the game or a gift of equity. 

Just someone who is happy to lend 100% of purchase without the borrower having skin in the game makes me think of a red colored flag.