Your lender is giving you an opportunity you wouldn't have otherwise (to buy, rehab, rent, refinance and repeat) and in this instance, looks like a fair (even low) price.  

If you get a SFR, you make pretty good income just renting out as a seasonal with less headaches.

We stopped using bandit signs becasue it cant be a real hassle and the respone rate in my area was very low.

It's a pretty safe location for rental income, lower crime and a fair amount of appreciation, however you are probably going to pay a fair amount in property taxes, purchase price, etc.

I am a Realtor in Pasadena, CA. I have a great business on the sales side of Real Estate but I have been itching to start investing for myself instead of just helping others. I look forward to learning and building my...

I'm starting off as a no to low money down type investor lol with so much more to learn.

Welcome to BP @Xavier Tazanu Check out Brandon's book on Investing with no or low money down, it's a great resource on creative financing.

Profit would probably be low but anything in the green to me is great!

He now want to wait till the spring to decide on something how do I or should I push It feels weird to push someone. but the property provides no income for him other than the ultamate sale of the property.

How much income is the property currently producing?