How do you bring it up and what do you say to overcome the objections?

Even if you haven't "overhauled" a facility before, you should consider preempting a potential investors objection by putting this out there upfront and addressing the concern before they bring it up (if this even applies, perhaps you overhauled the ones you have...all the better)If you are willing to do all the work, there may very well be people that you can sell on the idea of putting up all the money.  

It will give you a good overview of how to analyze a property and how to go about doing your due diligence as well as explain some of the lending aspect.Speaking of the lending, you'll be looking at a commercial rather than a residential loan for a property like this (more than four units).

That buyer was responsible for paying their agent because the other broker wouldn't co-broke.Best advice is to find a buyers agent and explain the situation before you sign anything with them.  

You also have the right to make your offer directly to the seller (with the Realtor present) to better explain why they should accept your offer.  

Can anyone explain what is PMI?

In the proposal, the Bureau explained that the definition of “dwelling” in § 1026.2(a)(19) was consistent with the meaning of dwelling in the definition of “residential mortgage loan” in TILA section 103(cc)(5).

@Jesse Waters  @John Thedford I really like the idea of including a large earnest deposit such as 10% or more but could you explain that further? 

I also explain that I have final say over who pays. 

He is not motivated to sell, but it seems he could be persuaded to go with seller financing...so, do I explain:I will take possession of the property by transferring the title into my name.You will retain ultimate ownership of the property and have the ability to foreclose should there be any non-payment issues.I will pay you a monthly loan payment of X Dollars every month for the next X Years.And if this is correct so far, how do I explain the terms?