This should provide much more successful results than buying a place at full market price, doing some minor fixes, and hoping the market appreciates.Option B will start making you money, but you wont have "your own place."

I am told that they wont have an abstract for the property.  

I am going to have to agree with Miguel. unless you stay in the area you wont really know if it fits your family. however there have been some solid gold  advise given. 

It will come back - people Wont stop driving their cars. 

I cant find the exact verbiage, but my attorney said due to Federal privacy law, you can request one-sided HUD's, meaning if you're a wholesaler, the "seller" wont see the "assignment fee" on the "buyers" side. 

How can I sell it to her without coming to the table with cash.Specifics:Its under contract for $83,000 & $2000 escrowI am in Florida, its a FNMA house that wont allow assignments.Sales price on contract to her $115,000 & escrow $3000 (told her I am not submitting escrow till we figure this out)How can I set this up?

I would agree with part of what @Joshua Martin says about the Why,  I couldnt imagine not having my license, it opens so much opportunity, imagine negotiating with an off market prospect, and the terms wont work, so you offer to list the house, and in the end make a few grand anyway. or you buy an reo, and get a commission check cuz thats just what the seller does (happens alot) or listing your flip, and can offer 3% co broke, cuz instead of paying $6K to sell a $100K home, you only pay $3K one deal paye all your fees per year and then some, including MLS access.

I wont be living there or moving to the area so it would be managed by a PM, most likely someone found on BP.

And it wont sell .

@Hem Kumar i'm specifically looking at multi unit properties. no less or more than 4 units right now because i wont be able to get a commercial loan without land lord experience. or so i'm told. looking in the scranton area of PA@Jeffery Goode i've learned so much from this site without actually being a member. imagine what ill learn now as one !