These numbers do not make sense so trying to use them will just confuse the issue for instance, there is a property diagonally across the street with a "zestimate" of 42,100 (I only wish) , while my 3 bedroom 1 bath with central air in great shape with more square feet on the same side of the street one block away is estimated at 24,900.

If you try to do that now and they choose to challenge you in court, you will almost certainly lose.You should see a knowledgeable real estate attorney about what you might be able to do to unwind the sharing.There should not be an adverse possession lawsuit in this instance.

Both offers were the same but the late guy is stronger being that the appraisal, mortgage commitment and inspections (home and CO) are out of the way.However this is THE last time I sell an as is property that requires extensive work to a retail buyer.

Suppose you wind up hating it once you do get enough money to hold a property, and find out you hate dealing with extensive complicated contracts, off the wall zoning permits, multiple tenants, taxes, etc??

A rental, for instance, bought, rented and held for more than a year and sold at a profit would be subject to long term capital gains.

I think we will see instances of foreclosures increase and more opportunity for disciplined investors.

I don't think she does extensive screening either.

But it is a proration of the allowed exemption not the gain in the instance of sec 121.  

For instance if bathroom could use a renovation but everything functions and looks OK should I leave it be.  

Can you work out a bi-monthly payment, 1st and 20th, for instance, instead of just the 1st, without causing an accounting problem with your PM?