Buying from partners with different needs.

[Ray Thorsen]

I was at one of at my duplexes and the Landlord next door was at his unit doing some maintenance for a turnover. So I always say hello and introduce myself and and ask if they are interested in selling. He said yes!!... But he owns it with the spouse of his former partner who passed away. She does not want to sell for fear of tax liabilities but she also does not want to do any work in or on the building. He wants the cash and wants out. She would be happy continuing to collect a check and avoid the big "perceived" tax bill. I am looking for some options on how I can structure a deal that works for all. Below is what I was thinking but I would like to hear from BP some other options. 

For me the best option is she buys out her partner and owner finances it to me. What if she can't or will not do that? How would that affect her in terms of taxes?

 Could I buy it with a combo of bank money for him and have her owner finance me her half? How would the title work to get him off it, her in second lien position and the bank in first position? It seems like it could be done but it could be tricky.

This maybe covered by @Brandon Turner and his low and no book. Sorry Brandon I have not got to your book yet. If it is please advise and that will be a good reason to move that up on read list.