Then just did what we do either rehabbed sold  or in one instance tore down and built 8 units etc etc..

I have Hospitable and Bookingautomation for instance yes I could probably do everything in there except automatic looks but I really like Hospitable app for my VA.  

Make no mistake; people from both sides of the aisle would use this program if made available. was the point to build 3 mil MORE homes than currently being built.. that will be tough given supply chains and manpower and zoning and land use rules.. your not going to for instance in Oregon bust the long standing urban growth boundary rules without revamping the entire states land use process's and laws.. plus what kind of housing.. ??? 

In your instance the smoke and mirrors seem to be hiding fatal flaws in the deal.

And when you sell it if you meet the primary residence requirements the profit is tax free.It is possible in many instances to own successful rental real estate that generates real dollars in your pocket but operates at a loss for tax purposes. 

For instance, if it was an amazing deal, you would have people clamoring to be part of the investment and you'd have to turn people away.

For instance, I would be surprised if she hadn't been late on rent before this.

In either instance, I would certainly have an attorney make sure everything is buttoned up and legal to protect you both.  

You do not have to sell all at once - you could keep the 3 best ones and sell off the other 2, for instance. 

In that instance, you can only count up to 30% of your income as boarder income.