In my head I see that the property value must come down to it's actual value (minus all liens/rehab) before discounting it for the cash buyer and then taking your assignment cut.

You should look at any limitations on gift taxes though, and she may actually want to structure it around any of this.

I just posted in another forum you can get cash flow and appreciation in columbus and I posted a few charts that show appreciation in columbus vs Cleveland (actually a downtrend in the last bit) 

Three properties to date and all doing well.

There are some lenders that will lend 80% of acquisition and the construction but with it almost being January and the foreclosure date coming up I don’t think you will be able to close in that time frame.

I actually bought them for my personal home because we have a new born and didn't want him to get tangled once he starts crawling.

I was actually clarifying that you weren't referring to something I hadn't heard of with "syndrom."

It's a good read, but I haven't actually implemented any of the suggestions in the book.

Is is because they don't want to take the time to actually manage a property and find tenants for it ?

Provide the buyer the county planning contacts, keep a copy of the job card.I believe the issue is that most permitting agencies place a 1 year deed restriction against selling as part of an “owner builder permit”….so as to keep non actual owner occupants from using the owner occupant exemption to do flips and such.