Account Closed I would suggest giving the rent by room a try after you’ve done some research.

For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker

Then look at the 5% extra and see what you'd earn if you put it in a savings account-does what you save in interest and 'earn' in rent. 

Only time this doesn't apply is typically if its a court appointed sale and the judge is deciding that what nets the most cash is what's best for all involved, or a similar scenario. 

I responded to a job ad from them and was interviewed by someone from that company regarding a position that would be involved with property damage claims.I'm looking to get more knowledge and experience with properties so that I can eventually use that to manage a property that my girlfriend and I will be involved with.Thanks for your time.Jason

Agreed, the more parties involved usually the more difficult.

As mentioned above all trad accounts come out as income in the future. 

I say the general public because there is a way to get an even lower rate but it involves a personal relationship with a private money lender.

Also, if you setup a servicing company to manage the payments (usually like $25-35 a month), they can setup an escrow account for taxes and insurance as well and cut a check to her Trust bank account each month.

And I would suggest using an accounting software to make things easier.