Since we were paying for material, he agreed to take 25% once 25% of the work was completed, with remaining 75% once remaining 75% of the work was completed.

The chief economist quoted in this article says that Columbus continues to remain one of the strongest housing markets because of its population and job growth along with its affordability, and adds that, “Columbus homes may seem expensive for people living here, but it’s very affordable compared to other markets...”As a resident and investor, I found this article extremely encouraging, and if you are a RE professional in any capacity within this market, or if you're considering jumping into the Columbus market, you should be encouraged too.

Because that ownership interest for Party B increased with the addition of the in-law unit that was added, would that really impact the ownership/use test and holding period to where they now wouldn't be able to sell that property without incurring capital gains unless they remained there for an additional 2 years?

There are 2 months remaining on her short term lease of this vacation property

He wants to sell this property yet wants 50K down then will finance remaining at 0% Comps on the home are currently 166K and it needs about 20K of work in rehab. 

Landlord remains responsible for major systems (heating, A/C, roof) and replacement of appliances if one is not worth repairing.

It sounds like your goal is to get the financing needed to cover a down payment and then let the bank fund the remaining 75%.

If we could pick and choose what reviews remained on our site they would be of very little use.The advise being offered here is solid. 

Then make sure the lease states that any remaining deposit goes back to her at the end of the lease and if he moves out, she is responsible for the rent.

Recommend re-evaluated by a licensed plumber.”Home details- 1954 with only kitchen and laundry remaining from original structure.