Depending on her longevity, you might end up acquiring this property for almost nothing or for a substantial amount of money, but certainly way below its market value.There're no losses in sight for me.

Probably not likely unless you have a lot of cash in that checking account.From experience with my business (not real estate) no lender will entertain a line of credit without substantial cash reserves or very strong history to show.Probably better off trying to open a bunch of credit cards at the same time and use those for the repairs.

Get a local attorney involved on your behalf.When anyone is doing substantial work remotely, you ABSOLUTELY have to get a 3rd party to oversee or verify the work.

Build your line of non-recourse funding to the point where you can use it to buy something substantial like an apartment complex or strip center without the need to get an approval from the bank.

I think you can see by the responses the NPN and note business is the new guru target how to .. those in the business as you can see are in the business.. and have substantial investments in the notes and a lot of volume..

Has your business substantially increased or changed due to having it? 

If you own the property in your personal name as opposed to an LLC if you receive a fine it will be substantially lower than the same fine given to an LLC.

Top dollar is not their motivating factor but they do know the lot is worth substantially more if it's zoned commercial and I'm hoping they will work with me on the contract.

We mainly look for a monthly cash flow of $250 or higher with a CoC return of 12% or better but we do deviate if one is substantially high while the other metric is lower.

Also, following-up on my reply from last year on this string, we have substantial amount of apartment/condo complexes rising.