If she thinks it is just a hobby, or worse, gambling, then you need to take a lot of time to discuss it before beginning.

They don't gamble and pay active income taxes and go after flips or appreciation.Sophisticated investors look at the Rent-to-Value Ratio and look for at least 1% or more to be able to cashflow after expenses. 

It’s just a gamble. 

Factoring in the current market/state of the economy, and the values noted, the realistic timeline, it is a bit tight and many investors may not feel comfortable enough to gamble with that.An owner/user, who might have ambitions to go through with the plans you put forth, AND have that kind of money, MIGHT be more suitable if they have to courage to take it on.Just my 0.02I hope someone gets it under contract and you can move on before rate change or banks get tighter.

this site is heavy to buy and hold cash flow in king appreciation is gambling so any market that provides a modicum of cash flow with 20% down is a ripe target for the vast majority of the BP audience .  

SF has very strong renter's rights (Gavin Newsome was the Mayor at the time) and luckily our gamble paid off bc all of them took the relocation $ and left.

For example, he may want the entire amount in cash so he can buy something else, take a trip around the world, or pay off his gambling habit.

If you have $50,000 to 100,000.00 to a guru you should use it for things like down payments and reserves instead of their lambo, playboy model girlfriend, rolex, g5 and gambling trips to vegas!!!

I guess if you have decided to gamble strictly on appreciation on a single fam, small multi, or other type of property, then you might 'overpay' if you think the property will appreciate in a time frame you find acceptable.

There is no way to know if the next 20+ years are going to be anything like the last 20, or where etc. it is very risky to gamble solely on appreciation, but as long as you are never forced to sell it could be very worthwhile.