You help her by taking it off her hands and you help you by gaining another income property.

In that case, I'd first gain some experience by doing a deal yourself so you can document lessons learned and profit made.

Given your situation and current market conditions, you should sell and take the gains and park it until you get things in order. 

I have two daughters myself (11 and 13), I can only imagine the weight of what's happening.

Realistically I feel like wholesaling is a good way to gain experience, confidence, and a network.

Hello all, I am posting this to gain some insight and a variety of different ideas on how to fund my next deal.

Pass-through entities are Schedule C businesses, partnerships, S-Corporations, and rental businesses (Schedule E) and LLC's who are taxes as the above entities.The income from each entity is treated separately, therefore, a loss from one entity cannot offset income from another entity.Capital gains are excluded from the the pass-through deduction calculation.

A referral from someone of BiggerPockets or a local REIA should hold a lot of weight. 

Forth, if you live in the property for 2 out of the past 5 years you don't pay capital gains if you sell! 

Get a few deals, get your feet wet, while still gaining knowledge on LLC, S-Corp, etc, then pull the trigger.