Your timeline implies wife died first.

I'll admit, I got sucked in, but only paid $97 for the 3-day workshop, which was useless because the speaker/trainer (yea right) that spoke at this workshop talked soooo fast that you couldn't even take notes.

Speaking about tax court treatment, which would imply some knowledge of how the tax court works, under the rules of at least my jurisdiction, constitutes the unauthorized practice of law.For an example, here is my state's rules which clearly outline who may discuss what for taxes;http://www.vsb.org/pro-guidelines/index.php/unauth...Tax Professionals should refrain from giving knowledge of how the Tax Court functions when detailing tax treatments unless they are a licensed attorney, and preferably, licensed to practice before the U.S.

Implying  there are others looking even if you don't have other appointments makes them  realize  you are not putting off the showing, they are. 

Pro forma implies repairs are needed.

But, as you implied, a lot of lenders won't 'get it' so I'd prefer to assign it back to the seller so that from the lenders point of view, he/she just thinks it's a standard lease option and won't even know an assignment took place.So, I'm going to ask you to humor me by pretending you did assign it back to the seller AND that the buyer's option fee was released directly to the SELLER.

The last thing you want/need is this tenant to be injured while doing such work, only to find your liability insurance will deny the claim based upon such an “arrangement”.Also, if you are rehabbing and flipping houses, do not purchase the materials foryour contractors as this too will imply an employee/employer relationship.Get your bid.Pay your contractor and have him buy his own materials based on the bid.

Saying an OO mortgage implies secondary market loans and you won't have a co-signer, you can have a co-borrower.

I am guessing the Interviewee is implying that they DIL the property and then as title owners service the debt of the first lien in hopes the first lien does not take action for being alienated on title.  

Investing implies the use of YOUR money, to generate more money.