It’s a house around $150,000 that I think is in a great location (close to downtown) and can produce some good cash flow via either short or long term rental.

Might make more sense for her to gift non-income producing assets, at least initially.If you want to make your mom property manager, check on rules in your area, would she need to be the owner or a real estate agent.

Hello @Russell Gronsky,When you spoke to the top producers in your market, did they mention anything about your asking price? 

Add to this the financing associated with ADU additions is not typically the best results in ADUs producing a worst return than most other RE investment options. 

Connecting with wholesalers can be tricky in all honesty because the ones that actually produce good properties are usually selling everything they acquire to a handful of investors who are paying cash. 

Either is a good/ acceptable option, but make sure you do your math on the rental correctly, not all markets produce $500+ cash flow off of a $50k initial investment.

Pick someone you like and trust.If you have trouble finding a top producer, send me a message with the property address, I'll look a couple up for you.  

So in the process of you fixing this house up think of 3 ways you can produce revenue off of this property.It will force you to keep on track with your budget.

Most sellers will expect one.Speaking from my 4 years of wholesaling experience, you will want to produce your own specifically worded contract for each state.

We're diversifying a bit with more flips, but also been dabbling in producing our own mill work (flooring, stairs, counters, etc) that we think will be another way to bring value to the table over time (and perhaps income as well).We have a great relationship with a local bank where we have I think 5 mortgages, a commercial line of credit - etc: and they've been transparent in letting us know debt to income level threshholds to continue lending.