I don't think this deal will work out.... 

How will it work out with the Hard Money lender if I got $50K saved up and if I get a house that cost around $200k with about a $50K renovation budget?

I think the numbers work out as far as the actual BRRRR goes.

Can't you work out a way for them to sell it to you as part of pre-inheritence with any other siblings?

I looked into the units available over the last few days and it seems a bit too risky for a first purchase as it really restricts any possible exit strategies if the seasonal rental didn't work out.

Unmounted a 60' big screen TV, mounted shelves, workout equipment, desks.  

With an escape clause in case, something doesn't work out.

Charles as well and possibly have a few leads, if it doesn’t work out with me I’m sure they’d appreciate me passing it on to someone else who can maybe work with it.

@James Tolson my profile says Orlando but I do most of my real estate buy and hold investing in Brevard County and have a number of rental properties in the area because the numbers work out better than where I live.

Fannie and Freddie lend up to 4 units and the economies of scale work out a lot better compared to most SFH.