If you are confident that you both have come to an agreement on how to handle those situation, then you are in a pretty good spot!

If you don't feel confident in picking your investments, most TPA's (third-party administrators, such as Fidelity or Charles Schwab) offer a pre-set list of investments based off the amount of risk you want (i.e. if you want low risk they will invest your money in a bunch of very low-risk/low-reward investments) so you don't have to worry about picking individual investments.

@Albert Chapman, this could be a winner, as long as you're confident in the purchase, reno, and ARV price.A few things to keep in mind:Holding time will be longer than 1 month.

If he no longer lives there how confident are you she can pay the rent on her own?

After getting a mutual comfort level you will have more confidence in making offers and the specific process that the hard money lender requires.

Its given me plenty of information and it's made me much more confident on the whole process.

If people are working, then consumer spending and confidence goes up, and that applies to housing.To be honest, I would just look at how long you plan on owning the property. 

I mainly would love to accompany someone who is doing a showing, closing a deal, etc Just here the lingo of things to give me the confidence I need.

Its sounds simple, but the best way I find to approach someone is just to do it confidently - be direct and say something like "Hey how are you my name is Corey, whats your name?

Bigger Pockets has a ton of calculators, make sure to look at some sales and analyze them to help guide you to what type of deal will cash flow, then when the right one comes along you will be more confident in pulling the trigger.