@Dan Linger honestly it won’t get you far outside of an FHA or RD mortgage house hack or lending, here’s why.

But I honestly don't think they care... they seem like somewhat smart ladies and know this would just buy them more time (at my expense). 

.67% which it would be great to hear from others in this area, but it seems almost impossible to find something actually at or above the 1% unless it's multiunit.75% LTV: 240,000 should be offer price thus upping my rent to price+rehab percentage.It would probably take 3 months to renovate and honestly my family would probably only make me pay utilities/expenses. 

Honestly If they are a good friend , I would look at other options , you can always make money thats easy , good friends are a whole lot harder to come across 

If the property doesn't sell for over $1.8m, you are below your breakeven, and honestly it's probably a bit more than that because of all the money you'll have to put into a restoration job.To increase your profits, you can do one of two things, you can either increase the sales price or lower your liabilities. 

Look for someone you feel isn't "selling" a roof but telling you what to honestly expect

Honestly not much these days.

It's me putting myself out there on the forums to offer quality honest content and then people reach out who appreciate my input. 

Honest question.

Assuming an Ammoritized 30-year loan at 4% which is probably impossible but if I'm looking at a Private money 30-year note at 8% it becomes a 30%~ annualized return on my initial investment Honestly, I have no idea what I'm doing other than the numbers and worst-case scenarios, is this a good first investment.