Look for duplexes that are going to need some rehab work so you can add some sweat equity and bring the value up as well.

Is her goal to be nice and provide some of the gains or reduce her taxes by trying to split income between her and her ex?

Many of them treat the home as their own and stay long term.Multi's are nice because they generally produce more cash flow, but do require some extra attention.

Unrealized equity is nice, but doesn't really do much for you except make you feel good when you tell someone how much equity you have.

Probably not; I've done pretty well myself from them, and you're a smart and nice guy so I would be shocked if you *weren't* killing it!

Because little Johnny's Mommy wasn't too pleased when showed what the "nice kid with a backpack" gave him for selling him his "toy" and found out it was worth a whole lot more than a "handful of jelly beans".... 

Things will happen that you haven’t anticipated and then it’s nice to have a little buffer.

At the end of the day, just be fair and things will hopefully fall into place nicely.

The inspector for the buyers stated "this is a nice house" "done really well".

It's always nice to have an opportunity come your way.