Generally a church in the neighborhood is a willing donee because they can use sweat equity and donated materials to make the property habitable again and either sell it or rent at below-market rents to someone in the church who needs that assistance.

Finding the property, negotiating, finding and managing any subs for work he would not do (such as plumbing and electric), purchasing materials, doing quite a bit of the labor. 

This means that the taxpayer that completes a Monetized Installment Sale has to disclose they completed one on their tax return and any advisor that materially participates in the Monetized Installment Sale has to disclose that they did so. 

You need to be materially participating in those hours for them to count. 

In most states the seller is required to disclose any material defects they are aware of.

Due to the price different between Toronto and SSM, retail buyers are seeing the pricing and they are 'great' deals to them, even though they have climbed this past yearObservation 3:  With material prices up, you would expect new builds to slow down, however in my conversations with GC's and builders they are slammed trying to keep up with the build demand.I would agree with Tyler that there are definitly portions of the city that I would not invest in. 

So IO for my plans don't materialize, but yes in your examples it does make sense.

if it's still in decent condition, no ripples or waves in it, and depending on what type of material it is ...

Gotcha, happy to connect and send over a few materials that can point you in the right direction. 

I'm not sure how you can get it done for $5k, I don't think that would even cover the cost of materials here.