Depending on what your parents make, they could get approved but once again a lender will be able to give you more specifics.If traditional financing is off the table, I would then try to approach the owner with a creative solution.

You are in a different market and bring different experiences to the table as a property manager of STR’s than I do.

There is still a large stigma from unclean cap tables and how it impacts later-stage financing so the amount of capital required for any particular business model matters a lot too.  

His or her problem is that with so little down, the typical 6% brokerage commission will mean the seller has to bring cash to the closing table to close.

So as their price continues to trickle down over time; realizing their offer isn’t realistic my offer will remain on the table.

If you find the right lot, building from scratch is on the table for some people now. 

I have also been considering using Rehab Estimator Pro to help generate a SOW and validate my initial estimations.What I bring to the table: I have my own finances, access to private money lenders who believe in me, and an attorney (read: Father-in-law) in the family that wants to see me succeed.What I am looking for: Connections, community, and advice.

Do research to find where are people going, not just today but for coming years, where is the appreciation happening, where is supply/ demand cycles favorable, where do people have the ability to pay sustainably the market rates and cross reference all this by acquisition costs that leave a profitable margin on the table. 

This is strictly a charity and not a money-making scheme, but I want to confirm I'm not leaving money on the table by missing out on a tax deduction or other benefit.If anyone has advice about a situation like this, I would love to hear from you.

Yes I'm sure they had a ton of offers on the table for a property that's been on the market 200 plus days......