My goals with BiggerPockets is to learn about real estate investing and network, my wife and I would like to purchase our first house in the next 6 months.

Most likely, the owner is doing all the work for free.  

You're not alone.It sounds like this is sitting due to the over valued listing. 

He does more MTR, but has STR in multis and knows every strategy in the book for you to do this well and not botch it on your first one.

I like Jamie's idea of using both.

I am able to finish the project using cash as well, no loans needed so far that I can see.

Can you message me I am looking for similar information and like to touch basis 

It seems only fair to offer incentives to people just getting started as well, rather than just those of us who are already wealthy (like the guy running for president who is a billionaire but pays very little in taxes, and actually had the balls to write off $70k/year for doing his hair!

Is it going to cash flow and does it have the appreciation opportunity to rise in value pretty well?

I'm thinking something like 10% down, interest only for five years, and 3% interest rate.