How are you structuring the loan mod to where it makes it attractive for them.

Living at the property will allow you to learn the most, your acquisition costs will be more attractive, and by properly maintaining the home you'll in a small way be improving your community. 

The manufacturers have assembly line inspections that approved home designs for specific regions.

For turnkeys, I like buying in B/B+ areas, that are affordable to new homeowners (one of my exits), or attractive to for a lease option (another exit). 

Keeping in mind I’m a full-time Design engineer, but I’m willing to put all my free time including weekends and holidays in helping and gaining the right experience and built the right connections.Please share your advice below, I would love to hear from you.Thanks in advance and I really appreciate the opportunity.

Check out 1 BR apartments online and see how they are designed.

Networking events are great as they attract local investors but there is not that many now due to COVID.

Non-arms length deals often cloud investment decisions...Honest and direct question -- if they want to sell it, "so they can fund other investments", that means they've come to the conclusion that more attractive IRR is elsewhere. 

Complete rehab of entire property including new open-concept layout and kitchen design.

Plus new construction will be to today's design trends, so you should rent quickly and be on the high end of market rent.