The current option of removing some expenses for rent will help her with saving her earnings for a down payment...a reward for gaining (and maintaining) the scholarship.

I posted in March about my experiences and I still have not been rewarded any bids from HUD with the percentages that John's worksheet calculates.

You'll definitely have to do more due diligence on your contractors and stay more on top of things if you don't have any construction background, but after a couple projects you'll start to learn that side of the business.Look at it this way, Warren Buffett owns businesses ranging from insurance to food to shoes to diamonds to paint supply to jets to furniture to railroads, etc...do you think he's an expert in all those things?

If it is then this could be your first one.Hope I've given you food for thought.

I agree with @Phillip Dwyer you want to reward good behavior.

In addition, I also saw some activity and development by Rathbun's it seems that some is in the process of developing a food market of sorts.

I don't know if this is relevant to your situation or not, just food for thought.

The risk is much higher and the reward has to be much higher as well, which would be difficult, if you want to make the payments lower than the original mortgage.There are a lot of ifs involved in this.

Rough area, but I wanted a high-risk, high-reward opportunity to cut my teeth.

Just some food for thought.