The following is why I am a little lost:If I were to have my mom sell me the property, she will have to report the income for tax filing, and she is currently unemployed, and getting government assistance (I don't want to mess anything up).

I have noticed it prompts progress to follow quicker.

Also, following-up on my reply from last year on this string, we have substantial amount of apartment/condo complexes rising.

I see a ~16% annual cash-on-cash return ($11k per year on $72k initial investment) using the following assumptions:Purchase price = $160k (20% down)Rehab cost = $40k Electric/Heat = tenant paidRent = $1,400/mo per unitIf you can get $1,600/mo in rent per unit then the return is 21% ($15k per year).Hope this helps and happy to answer any questions!

I'll be switch in the days to follow. 

(no, I am not a lawyer -  just an experienced HOA manager) @Phil Glantz is correct - if you buy in a covenant protected community then be prepared to follow the rules as written.

The last exterior we prepped lead safe following RRP rules was in excess of 30k.

I have a follow up question.  

If it is a regional to national tenant odds are high even if you call directly that they will forward your site to their tenant rep broker for consideration and follow up.For retail properties I have not seen tenant rep fees of 7% that sounds high.

Follow what that lease says.