., sold the property without any loss) after buying a property from a "turnkey" provider?

But in the event there is a loss, it is essentially a short sale scenario.  

Since you're related parties any gain would be taxable as ordinary income and any loss would be nondeductible so it'd be best to make the transfer price so that there isn't any gain or loss so she can avoid paying tax on the gains or losing out on taking the loss. 

(This is called food debt) It's a beautiful thing!!

All the others were limited in their loss to their total investment only.

That is normally not possible if you pay retail market value, since if you need or choose to sell you will incur ~10% transaction fees ... without a discount, that is a 10% loss.

Account Closed,"Pre-foreclosure" covers a lot of ground.Some will need to be acquired thru short sale due to negative equity.Some will be probates where the family just doesn't want to deal with it.Some will be true financial hardships - illness, loss of income, etc.So, yeah - you'll need to "fill your quiver" with a lot of knowledge and skills and use what the deal requires.

What path would you take to recoup a loss in this situation?

They will probably need 2k to 3k (guessing here) for rent, food, car, shopping, insurance, etc a month. 

I want to get in on a market that is seeing house prices jump by 20% /year on average, but not at a monthly loss on cash flow.Suggestions?