I guess I wanted to know how to approach the subject best and a lot of great answers have come that I appreciate.  

I would offer to buy for the mortgage balance subject to the mortgage.

All the gurus may tell you to start with a list or plan but that is always subject to change once you get into the project.  

After all is accounted for, you'd have the amount that would be subject to income taxes.

If you want to go this route, so the contract, have the appraisal subject to laminate installed, when you get a Final clear to close, install it, get the inspection for it, close.

I'll keep the form posted when I get more information on this subject as well.

Keep what you do, in the beginning, simple and average for that neighberhood where the subject property is.Do not assume anything is going to happen.  

. $100K for 7 years) that will allow her to minimize her cap gains taxes, while ensuring that I can leverage "attractive" financing as I am not in need of seller financing and would generally prefer to lock in 4-5% interest for 30 years (rather than be subject to higher "hard money" interest rates and shorter payback period).

There is a lot there on the subject but scattered around the site.My question, or request rather, is for fellow BP members to post actual examples of partnerships and structures they have personally employed, i.e.

90% of my properties are lease to own and they are not regulated by DOdd FrankHowever the owner financing that we have done are subject to Dodd frank