The owners have left the area and do not want to manage remotely. 

IF you have enough profit in your deal, you can offer owner financing to your new end buyer and then sell that seller financed mortgage at closing for the cash you need to 1) pay off your original buyer, and 2) to put a profit in your pocket.

IF you have enough profit in your deal, you can offer owner financing to your new end buyer and then sell that seller financed mortgage at closing for the cash you need to 1) pay off your original buyer, and 2) to put a profit in your pocket. 

Hello,There is one grant from the state you can apply for as a landlord/business owner.  

I market to absentee owners, owner occupied, multi-family, vacants houses, high equity and little equity. 

You may need to find owner-financing or other creative financing options.

Median income rates, rent rates for that area and if it is home owner driven verses lots of renters4.

Buying under an LLC will eliminate your ability to get an owner occupied loan, and also eliminate almost all 30 year loans, they will have a 5 year or so balloon.

I heard some contractors are building houses for low income owner for only $8000 flat  fees, but I heard the quality is not good I wonder how common dealing with that flat fees, I think it sounds fair, also as @Wayne Brooks I can add an incentive if he came under budget. 

They are all 3/2. 95% owner financed at 4.5% for 20 years.