In my research for properties for flips on Craigslist I found cheap properties in need of some rehab.Checked my local assessor site and the market values on some were very low.Is it safe to say that after the rehab the values will go up considerably or does depend on the area?

Please clarify that you're saying safe to buy the property first at auction; as a title abstract typically has great success in clearing up issues after I will buy property at the sheriff sale?

This worries me because I do not want to be taxed on this money.If the money sits in my bank account for 60 days, is it safe to assume I should have no problem using it for a loan?

Simple, reliable, accessible from any device. 

Before I make any leaps of faith, I'm learning, I'm playing it safe.

I would first check to see if the coin collector device on the machines have been tampered with and if that's not the case, just kindly ask the tenants if either there is new lower price Laundromat that might have opened up or are they no longer satisfied with using your machines.

In a JV, your money is stuck in there until the project is done.Account ClosedCan't make a blanket statement to say that 2nd is not a safe position. 

My question is this: How does one find another city to invest in that is somewhat safe?  

If you structure a cushion in your deal such as a 36 month lease with the seller and a 12-18 month lease with the buyer, there's plenty of room to be safe.

My only concern is her credit isnt great so im not sure if she could even get another mortgage.If she keeps it she needs to do some major improvements which will costly likely over $50k easy to do just to make it safe to live.