If feels like this big company is taking advantage of my mom. 

I feel I've been cheated and the founders misguided me and made false promises.

This feels naive. 2) Do I withhold payment until his insurance company will verify his statement about payout should he vanish?

We didn't feel the additional protections offered were necessary at this point in time.

Feel free to reach out any time.

It is pretty straight forward - I would provide the sourcing, the loan vehicle (it would be my primary mortgage loan), and the property management while my sibling would bring the downpayment.

Bringing this post back up, because the amount of solicitation I've gotten the last 3 weeks is crazy.

Bidding up a price will only work so far until the Appraisal brings the end price back down or cancels the sale.

Also, don't forget to properly factor in renovation costs, as unanticipated spending might throw a wrench in your plans, and consider Chandler's market feel to determine whether it's more renter-friendly or leaning toward buyers.

For this map below, this is where most of my investors bring up their deals.