Your far removed,, and if your mother is ONLY 60,, you got a long ways to go before you may inherit it..don't throw dirt on her yet:))If you inherited the property after her death, any and all expenses would come out of her "estate" to cover the cost of the mortgage,, you could be required to  sell the property to cover the balance due on the mortgage note., or you'd need to qualify for financing on your own to cover the note. only way around this is if your name is also on the deed before she would die,, but this makes you responsible also for the debt as co-owner so if you apply for financing somewhere this is gonna reflect on what you personally want to buy.. 

I will suggest you stick with your investing strategies as long as it is good, give great result, works and still conforms and fit into current market and economic realities. 

So if you know how to balance your check book you should be able to get the hang of QB's quickly.  

Don't blame you rental game is not for everyone.... and their is nothing wrong with a balanced portfolio.. some of the crowd funders are doing a very nice job.. some have stumbled badly so be careful there.

Current economic projections/outlooks tend to fall in line with a slight decline of about 1%-1.8% year over year until the state gets it's budget on point or oil rebounds.UAF is also a smaller community, with a heavy military and college presence, so you should be fine.

Would one say the large number of foreclosures are due to economic hardship or something else? 

Hey All,Been doing a lot of research and trying to wrap my head around the idea of the BRRR strat right before a recession or economic downturn.

It's just that 3.5% is cash, 5% because you're an owner occupant, and the remaining required balance of the 25% down payment is in the form of your HLAW and sales ability. 

I don't know how else to figure out.Anyways...If I am on the title...What is the best way( simplest and most economical) I can take over the property? 

If there is a redemption period for the borrower following the foreclosure that Supposedly has already occurred, then you simply buy it (she assigns you her redemption rights) for the balance due....that's what a Right Of Redemption for the owner is.