Not sure yet but this property is cool and who knows I think I could cash flow on it because monthly costs are looking like 3200.Appreciate your lengthy response!

Is he licensed and bonded?

It is much more difficult than buying government bonds and investing in the SMP500.

Unless you're in a place to do a 1031 exchange (which can have higher transaction costs, depending on the situation), there likely is a significant amount of capital gains to pay upon sale of a property for reinvesting, or if investing in alternate markets like stocks, bonds, CDs, etc. 

Her children are elderly now but family bonds are strong and they still love gathering together so would love a gather spot of retreat like spot for them to sit and perhaps for family to go on holidays for events.

I am NOT interested in owning any more real estate (retired here man) so I had planned on just paying my 15% long term Capital Gains tax rate and moving on to my "safe money" retirement program of MYGA's / CD's and High yield Savings account / Bonds / some Stocks.

LOL So now each of my LLC's that has a different project has to have the developers license. its a pain there is no test but its a bond and insurance and not every one can get bonded these days.I know having done a lot of work in Chicago how tough that city can be as well.. no one is going to teach you this you just kind of learn it.so bottom line unless this person has some very narrow niche // or its just a raw raw thing to motivate you  chances are there is nothing unique and I am not talking about getting rich with tax overages or some of the other things that get recirculated constantly. 

This isn't an issue as I push all my mortgages to pull from my bank on the 15th of every month for free.Cue Nathan for his lengthy response.

I know it was a pretty lengthy list of people who had judgments against him (and many who just gave up). 

This contractor had a professional approach, was licensed, bonded and insured, everything checked out just like he checked out as soon as he got the money.