It will be negative cash flow, but does the equity created by buying at a discount make it a good investment?

It was just a way to earn a few extra bucks when the circumstances proved right.The same for subject to deals; loan subordination; purchasing of “discounted” notes, or hard money lending.  

I am out of state so looking for local investors but havent found any yet.You can not, and you will not get a discount.

My mother-in-law is managing the state and doing some projects to get the house in better shape before going to the market.My husband and I would like to purchase the home as an investment property (rental); my mother-in-law stated that she would "discount" her part of the purchase, which means we would only pay 66% of the original price.I am trying to think of alternatives to borrowing the money.

I estimate cleaning costs/charges based on the number of bedrooms and bathrooms.

We have one 2200 sqft story house and I wonder if putting the same LVP throughout the whole house will make it "monotonous" (or otherwise unappealing).Also can you advise on using LVP (waterproof, not water resilient) in kitchen and bathrooms?

Example, room addition with bathroom, licensed job; just painting, no need for a license (or just flooring, no license). 

You can't make alterations to the bathroom, send the builder invoices and tell him his grout work was bad.

So hummm let's see, what to do what to do, rent's going up 20%+ annual OR I can sell at huge discount, what to do, what to do...... ya RENT it out!     

I mean, you might not mind this sudden discount, but would not you get suspicious about the rest of her numbers now?