It isn't fair, it isn't logical but it is human nature.

Lawyers as a profession are conservative by nature in their practice, and it even took me a few years before I spent the time to learn the TX series LLC statutes and offering them as a service. 

It is natural to low ball a home to see if there is a seller who does not know the value.

The downside is that the nature of project competition means you can get lower quality work and find a disconnect with those you work with since they are looking for more short-term work. 

My question is would the daughter in law be able to take owner ship of the house or anything of that nature so I can get a contract signed?

You'll get the benefit of their experience and you'll probably learn some ideas to incorporate into your plan. 

Eventually however the negatives become positives because rising rates naturally slow the economy, risk will return, and the Fed will start to slow the pace of interest rate hikes. 

@Adam Sankowski New tax laws affect real estate investors differently, depending on the nature and extent of their real estate ventures.

in other words, if the access freely awkward, and there isn’t enough natural light, and it’s right up again st all the neighbors, it would be hard to sell it.

Is it a carriage house as opposed to a garage, and/or is there enough room to incorporate another structure on site, namely, a 3-4 car 'modern' monstrosity?