Would I bet my financial life on it?

I am willing to bet this is labelled an in-law suite because of the zoning. 

When I put my signature on a purchase agreement you can bet your a** that I am going to buy that property.

#worksmarternotharderBut . . . if you have specific aspects to that question I bet Zach and I can help you out, as two excellent agents in the metro.

Alternatively, if you are betting the property will appreciate and you can sell down the road and collect tax free gains, you may not care about the monthly cash flow.I don’t like relying on things outside of my control to determine if an investment is successful.

Your best bet is probably to sell it in order to ensure you get enough cash. 

Get quotes for both but I bet concrete will be cheaper. 

If we could buy our stocks with only 5-25% down.... you bet it would be a factor in the motley fool analysis and ours, too.

If you aren't able to estimate rehab costs and don't have financing or cash available you better hold off, you don't want her itching to sell when you aren't ready to buy.Your best bet is to try and find someone with experience in the area to coach you through or split the deal with you.

Tons of preparation and learning, a few moments of wave.It seems like @Kenneth LaVoie advice is your best bet for now.