Big Henry * I am not an attorney nor a Realtor, so please seek legal or professional advice for further information beyond these comments.

Does it have to thrown off that kind of cap rate and you need that cash flow or if you have enough cash to be comfortable most seek a "flight to quality".I can tell you owning a lower income property and living the headache and actual returns is VERY different than theory and thinking about taking on such a property.The plays I see is seasoned investors buy these and clean them out and then force appreciation and sell off in one to two years max.

When in doubt, don't do it or seek help.

If they are willing to do either of the other two, that is something you should pursue.The probable explanation for their use of a QCD is they did not seek to quite title from the tax payer who lost the property.

If is she seeking reimbursement for the damage that should be enough to trigger coverage..

Here's what I did (note I'm not uber tech savy and I figured it out so I think everyone should be able to follow these steps):Go to your C driveClick on "Program files (x86)"On mine I had three folders "Pureleads", Highlightly" and "Perk Prize panel" Uninstall all of thoseProblem solvedAt the recommendation on my work IT guy I downloaded a program called "Revo Unistaller Pro" (free 30 day trial) it uninstalls, but also has a registry scan function that seeks out undeleted extras it leaves behind.

I have been seeking advice through several avenues however no one has provided the information I need to proceed.

Maybe seeking a partner is a good way to jump in.  

I want to go this route as i know i have some family members who would be willing to seek an investment with me on a multi-family investment.What is my first step?

It is the ability to provide our extended stay tenants with the exact terms they are seeking combined with the fun I have hosting STR guests that drives the decision.