Depending on how much money you need, your experience level, and the timeframe in which you expect to flip, the options will vary.

@Ned Carey, and @Dave Meadows - yeah avl has game. we saw pretty ridiculous appreciation in our neighborhood, like 30% over last 3 years. such little inventory as well. the influx of breweries and the long term development plan for the river corridor / river arts district is so promising. all we need is a surf / kayak wave (manmade whitewater feature) right in the middle of town, and we'll be on the next level!

Through perseverance and mass research with a huge amount of hope I have been able to achieve the level of "handyman" I am at now.

I guess to avert analysis paralysis, I'm looking to dive deeper into the flip side of things and get a deep understanding into the day to day operations on the business end.

The LL has to make a 'reasonable accommodation' and imposing a health issue to another tenant would be the same level of un-reasonability as the tenant needing an elevator and expecting the LL to allow one to be installed.

Depending on your level of attachment to the home you could always sell it.

I have gone through some of the forums and very impressed with the level of cooperation and feedback the members provide to each other.I am a very committed and hard working person and i firmly believe that i can achieve success in this business.

(Negotiable based on borrower experience)- Execute Joint Venture Agreement- Profit will be split based on deal and level of experience of borrower- Agreement term is for 6 months, after which, borrower profit split is reduced to 50% and I assume management of the project.Does this sound reasonable?

Personally, I would come up with a number where I would be happy to sell, even though it will likely be much higher than she is thinking, then let her know what it is and to let you know if she's interested at that level.  

I got a little off topic but it's important to realize no matter your level of experience, mistakes can still be made.