This sounds like a very small deal for commercial and a real PITA to deal with.

If the numbers work and it's been brought up to code then it sounds like a property to buy!

Sounds like you disagree.

Happy to lend you $50K and i'll even let you pick the number between 1-10 for the interest rate of mine that begins with a 2 :)It sounds like you want your cake and eat it too (that's the saying right)?

I mean, I see how this sounds great from the receiving end, but again, how'd you justify needing a dedicated coin for this?

It sounds like she only has her social security coming in and that won't be enough for 3x. 

Neighborhood is full of retirees and has no rental comps....doesn't sound like a great place to buy a rental investment property......and Zillow estimate is WAY off from your desired rent and in a bad way, so even factoring in some "leeway" for Zillow being off, its not even in the ballpark of what you need..... so going to be hard to convince me this is a good buy...unless its a buy and flip, but based on your numbers it doesn't sound like that's any good either

Know it sounds strange, but that's it!

I realize it sounds crazy, but outside of getting a civil engineer to develop site plans it is fairly cut and dry.

That sounds great!