Beware, however - you may be comparing your 'market' with other places that have been fixed up and are fresh on the market, so be sure you are going apples to apples.One of my vendors has a saying: "Pigs get fat, hogs get slaughtered."

I live in France, and here according to the law, if we want to flip and sell multiple houses in a year we need to pay big fat % as tax.So, I will be sticking to buying and holding.

The plan in motion now is we have trimmed all the fat in the personal finances and are now beginning to bank sufficient cash to float my family so I can then have two or three of these properties at one time to ultimately do one big cash out refi in a portfolio.

So yes, if you can afford to put down $200,000 and see NO return from it for 25 years, but THEN you get a fat check for $1,500,000 (in 2040 dollars) when you sell (it should have been for $3,000,000, except for the great crash of  2025), then yes, many people use this approach.

Numbers are numbers, last time I checked they don't smack you or call you fat so I don't understand how they come with emotions. 

There's an old saying, "Pigs get fat, hogs get slaughtered."

I run anywhere from 50-80k in just overhead realtors taxes/recordation on both sides and interest (using a line of credit at 4-6%} and you need a fat spread to cover those costs.

Since it sounds like there's plenty of fat on this deal, I would say do what she asks and do it right.

Without an Exclusive Buyer's Agent Agreement, I'd say that realtor is out like the fat kid in 5th grade dodge ball!

The old chicks, fat chicks, and ugly chicks will say that it ain't so, but they are wrong.