Now that I have more time on my hands and some additional disposable income, I am looking to jump back into learning about real estate!

Owner having a hard time selling, we wouldn't mind owning, esp for Short term rental purposes.Owner owes $249k.We would like to use very little cash, maybe higher interest rate for the seller, balloon in 5 years should interest rates come down.Anyone had success or any ideas you could share?

At that time the ARV was $100k, so I offered $60k. 

Thank you for your time. 

Last time was the tux at my wadding!

It was intended as a fix and flip, and our original exit strategy was reached. we bought with hard money then did a refi to convential because repairs became drawn out and rented for some cf to by is time. we ended up selling for 405,000 and our loan balance was 235,000.

My wife and I have never put more than 10% down on a house hack,  most of the time it is 5%.   

This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.

What @Tim Baldwin said.Otherwise, spend some time figuring out how to edit your existing lease to make it MTM.FYI - our company lease is setup to be ANY lease length by just modifying the lease term.

I feel like the time is now to start buying while rates are high, and property values are low.