They inherited the property from his father, ran the home for many years, are facing some health issues and are retired.

Additionally, I am in the process of closing on a commercial property, which requires a $300K down payment by October 15.If I settle the tax bill, I won’t have sufficient funds for the property down payment. 

This allows someone to pay a high price, but get into the property without a lot of cash. 

For example a tenant has to meet certain qualifications to be able to rent your property: income, credit score, evictions, rental history, criminal history, etc.

The property we have is an investment property we would like to leverage to buy another one that’s 153kThanks for your reply! 

I recommend building your "core 4" (Real Estate Agent, Property Manager, Contractor, Lender) in your target market.

I self manage and I have a property 45 min away.

Even though a DSCR loan or any other loan would not lend on the property.

Before making the offer, we did a quick analysis and felt this property could work as LTR and possibly MTR, or STR.

None of your "solutions' pave a way for actually purchasing the property.