It's best to get a layer of salt down first to keep the snow/ice from bonding with the pavement, then it's going to be up to the equipment and manpower at your disposal as well as the predicted snowfall totals, duration of event, mixes of snow and ice as well as how clear you need to keep the areas.

In the event that she doesn't sell and we are some how able to line up financing for her, how am I supposed to make money off the deal?

You get access to your equity without creating a taxable event (like if you sold).

I agree with @Aaron Montague Get all your potential costs together and budget over a fixed time for those potential events (Water heater, Roof) never mind using percentages.

As it is, the most possible future event is for people upstream from me to want the water to drain from their properties FASTER, requiring more and deeper ditches running downstream, thereby further inundating the downstream folks.

PA has a transfer tax for RE, the tax becomes due in the event either physical title or an equitable interest is passed.

The lack of written documentation describing property condition at contract acceptance, however, will preclude consideration for repairs or price adjustments in the event of subsequent damage.

o250 calls per week§50 productive conversations and/or voicemails§Send follow up lettersoFSBOSoExpired Listingso2-4 Unit Listo5+ Unit List·Open Houses on WeekendsoDoor Knocking§25-50 Knocks per open house·Networking eventsoBecome active member of 4 groups§AREAA§Commonwealth Club§BP Meetups§One other…oAttend 2-3 networking events per week·Post Card Mailers, Market Updates and Email MarketingoQuarterly multifamily update to current clientsoNew Listing/Just Closed Post Cards and Emails·Monthly Newsletter to Investment Clubs·CraigslistoPost Listings·In-House Referral Leads Any additions you can add to the list?

Also take advantage of the many great REI events we have around here and get out to build your network of other investors and RE professionals.

Hope to meet some of you there.More info:http://www.meetup.com/Los-Angeles-Asian-Real-Estate-Investors-Meetup/events/138149882/