The kicker is that neither one of us have a clue what that means as far as financing goes. 

I believe it is one of the best degrees because it shapes your thinking and problem solving skills. 

I would also ask for a little more legwork on her part before you go throwing time, gas, and money at a problem you can't solve.

So problem solved, I just had to find people to do those terms and hadn't researched enough or was in the process of researching it.

Also, I neglected to ask you how many units are in the apartment complex, but let's work with what we have.So, if you wanted to maintain your existing CoCR, you'd have to increase total rents so that the new CoCR ((NOI + Rent_Increase)/(Investment + Cap_Ex)) equals the old CoCR (NOI/Investment).I'm assuming there's no debt service payment and I'm also ignoring the fact than increasing rent would also increase management expense if your fee is a percentage of rent.When I solve this, I calculate that you've got to increase total rents by $1,250, so for a 10-plex that would mean raising rents $125/mo per unit.If your current rents are under $1K, this seems harsh to do in a single year, but a very reasonable raise over a 2-year period.

I understand things come up that aren’t expected in a rehab but blatantly advertising something without a single clue about what you’re talking about is wrong to me.

If you are 18 and have no clue what to do I highly recommend a team for help.

., older properties need work, but well located, the couple is looking to retire after lifetime of hard work, i think they are in their late 60s they are looking to rehab the properties so they can sell and earn better for their effortshowever their credit is bad, and dont know anything about borrowing, loans, grants, nothing, I myself am new to real estate, dont have a clue and ofcourse dont want people to take advantage of them, they are good ppl, anyone have any input??

Protect yourself since these guys are slippery.1) They have no clue on ARV2) To get it in contract, they'll want $5K or more non-refundable and released to them, so that is gone3) Ask to see the original PSA they have to see if they even have it in contract. 

Rather, it's ALL about solving someone's problem!