We essentially were paying for real life education on how to be a big player in the game.

@Chuck KautzHey Chuck,I like your idea of getting your daughter involved.As a father of 2 kids that went to college I think this is a great time to expose your child to what the whole process involves from purchase to rehab to managing this property.Your child will get so much real world experience out of the process I hate to say but this exercise my have more of an impact on her life then the BA has!

The cleanest thing is to buy her redemption rights.....that price is whatever makes sense to you, considering whatever equity you have at your auction price, and what someone else might pay, knowing they have to pay you off, plus interest I presume.She simply can’t avoid cap gain taxes on a sale unless she 1031’s, just a fact of life.  

Try to match the condition, and that should help you reach the target price.

Check out my personal favorite, Set For Life by @Scott Trench , or The Total Money Makeover by Dave Ramsey. 3.

The flexibility of the HELOC will benefit you more every time, and although your spreadsheet might night reflect it, in real life, that flexibility will almost certainly result in lower cost to you over the life of the loan.

Most rentals in our city tend to be on the lower end of condition.

If you are only worried about having too much on your plate, let the lease go month to month and then you raise the rent when you have your life together.

I'm fairly new to real estate, but very excited to get started with this chapter of my life.

Not taking full advantage of all the incentives they provide for the work and the life is setting yourself up for a fall.