At the very least she will be able to carry forward the losses for a very long time, helping her get into cash flow positive status much faster. 

Happy to recommend and help however I can. if its rural is it hard to get lending or something I'm confused, I'm new to this so rn I'm learning It can be.

They can help you explore the best path forward and ensure you're making the most informed decision.Wishing you the best of luck, and I hope things turn around for you soon!

Welcome Alana, you will find a lot of helpful people on this platform.

Networking with local investors through BiggerPockets, Facebook, and meetups can help you navigate the market, while avoiding common mistakes like underestimating expenses, poor tenant screening, and hiring the wrong property manager.Good luck!

When I learned about the situation, I knew I wanted to help preserve the family property and also create a solid investment for my future.

At that time we could renovate the ground floor apartment and potentially turn it into (2) apartments for a total of (5).My questions come down to how do we deal with the existing 40k mortgage, whether we can make it work so her parents aren't paying much in rent, if anything at all, and whether or not we set up any legal entity, like a trust to help the legal situation of paying off her sister down the road. 

Hey Kenny no it's more out the money to work and if needed get personally involved right right now have 3 clients I helped raised 175k in 0% interest business funding with 12 months 0 apr and they want to get going in real estate and make modest returns not shooting for home runs 

Let me know how I can help

People tend to waste a lot when everythings included, so this helps to avoid that problem.There are also companies out there that can install a meter in lieu of doing a full submeter to ascertain how much usage the unit is using monthly.