Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.

If you do buy a traditional house, make sure you can get rent it out with some cash-flow when you PCS.

I think the total would be around 75K of accelerated depreciation, or 25K to each of us (we use K-1s).The same three of us also own a couple properties in an LLC made up of each of our SOLO401Ks, all with Traditional Contributions.

Should I just suck it up and stay in this place for a couple more years till i can save up for a traditional finance?

You might encounter some hassle with traditional lending. 

You would be surprised at the number of owner financier’s that “sell” the home for more than it’s actually worth due to a borrower unable to obtain traditional financing.Example:As is Value : $70,000UPB : $72,250Rate : 8%P&I : $671.00Note Sales Price : $67,100 or 95.8% of As-is Value for investor to get a 12% yield.Now unfortunately, that is not enough LTV to get a note investor comfortable.

What are the major differences of a traditional bank loan vs portfolio lender?

It'll be very difficult for you to qualify for any traditional financing.If family or friends ever need financial help, will you be able to step in?

The options the SBA talked about was bootstrapping, which again I can't do atm, investors, which from my understanding want equity, crowdfunding, which is the direction I was going to start out at, and a traditional small business loan.

Hoping to hear from others on a few of my options for the partially updated unit (radiator heat was replaced by ductless AC and new stainless fridge+stove/oven).A few improvement ideas in mind:- Add a dishwasher (requires replacing older, painted cabinets)- Replace existing granite kitchen countertop (cheaply installed w/ misaligned seams and rough cuts, traditional in style clashes with rest of home)- Plumb in-unit laundry hookups (requires sacrificing kitchen pantry closet.