After you've gain the experience from the 1st purchase then you'll be much better equipped for the 2nd purchase.

The problem with using "Rules of Thumbs" are that there are no two markets identical.

You could find out the value of equipment (help him sell it) and perhaps pay that amount, which is basically the additional 10k you're thinking about.

The solar equipment destroyed, there is nothing for the lender to remove.

A nearly identical house literally across the street recently closed for $52,065.

I have also looked at ROBES plans (Roll Over to Business Start up)  and it was suggested to me that I could use this  to purchase homes (business short term rental, equipment needed is homes and others with homes).     

I am a genius at marketing wether it being facebook ads or building my own identity so I am not to worried about the market aspect more so the actual real estate aspect.

Perhaps another good thing about buying under LLC is identity protection?

Equipped kitchen, yes.

If it comes off as angry to someone to tell them to do their diligence, then someone isn't really equipped to manage the harsh reality of the world.