Let the buyers draw their own conclusion see if it is a good deal for them. 

Media is seeing more small businesses pop up, with also over 50% of the pop being renters.Would love all thoughts and opinions on what boroughs have been drawing your interest.

Her husband used to be the super for the building but has subsequently left her.

Not sure exactly the process in the states but Canada most conventional lenders will not fund an assignment fee so you would have your lawyer draw up a assignment for your buyer in which he would agree to pay you outside of the sale of the home purchase of X amount.Be safe and always have an exit clause

Have you paid an architect to draw up preliminary plans?

Hi my name is Daniel. I have set a personal goal to start investing in rentals (2020). I have been talking to some people in my community about it and one person in particular offered to give me some financial assista...

I'm not sure how you could draw this up and protect yourself though from an investment perspective.If I was your friend, I would be looking at either a quad plex if its affordable to maximize the rent and have your own livable space or buy a place and rent rooms. 

He buys it for 150K with hard money at 85% ltv with 100% of the money for rehab provided in draws. 

Every journey is different but there are HUGE take-aways with the traditional work experience.With your EE background if you get more into the capital projects side of things (energy, etc) rather than small circuits, I found that experience to be very transferable and now use my engineering PE license quite a bit to take on value add projects and draw out designs (I now do structural design work in addition to EE work). 

If you start fixing up places in one park and making the park nicer, the value of the whole park will start to increase and you'll be able to charge more for your subsequent flips.I'm my area here, it usually costs minimum of about $40,000 for a ratty trashed mobile in a park just because of where it is.