He is overbidding by an insane amount and still losing properties, usually to cash offers.I haven't done research into this for personal real estate purchases so looking for some pros/cons here from my idea.Can you take out a hard money loan to make a cash offer on a personal home.

Another idiot comment by an idiot!!!

It sounds like the owner is trying to scam more money out of you by adding square footage. 

It still needs a full renovation but I have all the scope of work and know exactly what needs to be done.Seems as though this hard money has sold it off and looking to get it off their books.If I sell in its current condition I certainly won't be getting what I paid and would have to bring a significant amount of cash to the table.Do you by chance know where to begin to look for capital partners?

A good option to get your foot in the door might be to house hack and rent by the room.

This is what I would tell them.If the offending tenant was warned by police or cited by them as verified by a police report then I talk to them about it and follow up with a written lease violation warning aka notice to correct.

I have a single family house that I’ve been house-hacking by renting out 3 of the bedrooms.

In the end the buyers are paying the buyers agent anyway , either by a higher house price or they are writing a check . 

This report can be confirmed and was written to remove doubt  Make your own decision. The author was completely empathetic to my client. Devastating disaster. It's all here. Two links
https://1drv.ms/b/c/d759d787996d...

This report can be confirmed and was written to remove doubt  Make your own decision. The author was completely empathetic to my client. Devastating disaster. It's all here. Two linkshttps://1drv.ms/b/c/d759d787996d61...