We are Canadian in invest in the US.We work in the Detroit market where we have a great team on the ground and are finding exceptional deals.

The equation shouldn't be PP = Market Price - cost to repair foundation, it should be PP = Market Price - cost to repair - discount for taking on the risk.

Cash flow is crucial, especially if you depend on it for your monthly income.Selling the property for $170k, which is above its market value of $120k, might seem like a good deal initially.

I am convinced because listings sites pick markets they think make them more money to advertise.

I did not see marketing costs, nights that you need to spend at networking meetings paying for dinners or memberships.

If the rents are already nearing market rates, will she be able to go up that much? 

Considering recent market insights, reallocating your $300K brokerage account into a multifamily property while keeping your townhouse rented could be advantageous.Warren Buffett’s Berkshire Hathaway has accumulated a record amount of cash, suggesting a cautious stance due to potential market overvaluation.

I hope the marketing claims are accurate on the PVC based flooring as I am putting it in my 4th unit in the last year. 

Just make sure your personal use doesn’t exceed 14 days, or 10% of the rental days, to maintain its rental status for tax purposes. 

So, you can do a land contract for 12 months, which should allow lender to credit you full value of the land vs the purchase price, but the loan will pay off the land contract, so the lender maintains first lien position.Can't help you with the rest of your question, but you should be able to search for "CPA" here on BP to find experts to reach out to.