It wasn’t easy—there were tons of repairs needed, from plumbing and electrical updates to cosmetic fixes like flooring and painting.

I'll double check with a few tax strategists we work with and update this thread if I hear different. 

Quote from @Jeff Calcaterra: Update? 

That should cover 2 rental income periods, returning $660 to your pocket.

I have had a rental property for a short period here in CT and have sold it in 2017.

A number years ago, I went to town buying a bunch of rentals in a short period of time and I can assure you they took money from my family instead of putting money in my family pocket.

I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

I’d start by figuring out the cost of the cosmetic updates and seeing how much you could rent it out for.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out.