There was also another competing offer on the table if that tells you anything. 

That will only lower the amount of competition between buyers (or cause some buyers to bail before they have skin in the game)The only reason I see for this is if it is a very competitive market where you have a great offer on the table, but are expecting a ton more offers, at that point the seller may want to set certain terms like no inspection/financing/appraisal contingencies, sub 30 days to close, etc, but still, I wouldn't give away price points.

I wouldn't do it too soon before the property is stabilized because you could leave too much on the table.

Depending on what your parents make, they could get approved but once again a lender will be able to give you more specifics.If traditional financing is off the table, I would then try to approach the owner with a creative solution.

You are in a different market and bring different experiences to the table as a property manager of STR’s than I do.

There is still a large stigma from unclean cap tables and how it impacts later-stage financing so the amount of capital required for any particular business model matters a lot too.  

His or her problem is that with so little down, the typical 6% brokerage commission will mean the seller has to bring cash to the closing table to close.

So as their price continues to trickle down over time; realizing their offer isn’t realistic my offer will remain on the table.

If you find the right lot, building from scratch is on the table for some people now. 

I have also been considering using Rehab Estimator Pro to help generate a SOW and validate my initial estimations.What I bring to the table: I have my own finances, access to private money lenders who believe in me, and an attorney (read: Father-in-law) in the family that wants to see me succeed.What I am looking for: Connections, community, and advice.