I was promised to get 150+ leads and didn't see any and I also wanted to know if someone would help me get the system set up.

I am now setting aside to look for another investment property. 

If you did 203k you could get rehab but again that's new set of challenges to deal w/ the contractor and scope of work.

@Martha Nowlan I do not yet, I’m trying to set up a time with the realtor to view the place. 

Since you have your budget set just go house hunting with your goals in minds.

2)How logistically should I be setting up the money.

The caveat was the rent was set at below market and fixed for the 5 yrs (rookie mistake).

Depends on the insulation, size of the house, how you set the thermostat.

Set exact same year range, size, beds, baths, area and see what is available on the free market? 

In addition to what Wayne said the seller will have to pay imputed interest gain and will make almost or maybe ZERO cash flow if he takes this to an accountant .. or anyone who knows anything about these seller carry backs your going to have push back I suspect unless your paying WAY over market.I have sold a lot of my OREO over the years with ZERO % owner carry but always set them up short term.. 30 months 40 months that sort of thing ..