To summarize it sounds like we can do an FHA on a multi-fam home, or something similar, but that we would also need to save reserves as part of the lender approval process of 3 mos of PITI mortgage payments.

I'll try to keep summarize it as good as possible.I've had a 4 unit building under contract with FHA since December.  

So to summarize, My ultimate question to area RE Investors is what area or letter grade have you found offers the best bang for your buck in South KC for Multifamily?

@Varinder KumarHere is the math as I see it, just wanted to make sure I could summarize what your post says:Purchase Price $406kDown Payment @5% =$21kOriginal Mortgage $385kRehab $105kAll-in purchase price + rehab =406k + 105k =$511kAll-in Cash= 21k + 105k = $126kCurrent value = $525k to $550kCurrent mortgage = $372kNot clear if you have lived in the property prior to renting it out.

So, to summarize, I could suggest a lease/option type arrangement, I could increase the purchase price and monthly payments a bit, I could see if she wants to extend the loan timeframe and pay more over a longer timeframe...

So I'm not desperate for money.To summarize this long post, I'd like some help with:Inheritance-> Is there anything I might be missing here, besides that deed change?

She works with a great group of investors helping people move their money out of the stock market and into physical assets — real estate.Some dialogue summarized below:1) How much simple passive Cashflow are you making today and how are you doing it?

Very thorough job summarizing a classic, Joseph!

For an investor who wants more, I have it ready and it is available upon request.Plus, in the PPM (private placement memorandum) many risk factors need to be disclosed to the investor such as financial projections.To summarize and at a high level view, the most important thing that you need to answer for the investor is how much they will get paid, when will they get paid, and when will they get their money back.Good luck on your journey my friend!!

The other might get you hung up on.To summarize, keep drilling down into the "how"'s until your time runs out, he gets tired of you or you get an answer you can take and convert into action.My $0.02...David J Dachtera