If not, here's what I'd suggest instead:1) Get your real estate broker's license as soon as you turn 18.  

What if you turn on water and it goes everywhere.

We probably would have renovated the main house also, and turned that one into an Airbnb if we had really thought about it back then.

This way the buyer doesn't feel like an added cost is unexpected and at fault of the seller who is turning over the property to them with potential liability.

UW turn times (If you send docs for review, how long will the underwriter take to review?) 

Every project is turning into a nightmare.

I was planning to buy a distressed property and build equity in it with repairs/rehab, rather than pay top dollar for a turn key.

To get those hours, maybe turn one or two into medium term rentals (you want the average stays to be over 7 days so they don't fall into STR status) which would give her more to do, particularly in the first year of furnishing them and getting everything set up.Alternatively, she maybe she could manage the properties but also get her RE license and try to sell a house or two a year - go to lots of open houses or run them for other agents?

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

This could turn a potential loss into positive cash flow while protecting your property’s value.