30% down on the purchase providing 100% of construction .

Well, what if you purchased at a booming market, then it crashes?

Everything else in the area is selling for 440-460k and still needs 40-50k in cosmetic rehabOur client is putting 10% and using an FHA loan.

I'm not an attorney so please consult one in your state to make your decisions.You could propose they master lease the property as a trial period BEFORE you agree to purchase terms which would transfer title. 

I have been told by the Sec 8 rep in my area that once a section 8 propertiy is purchased the new owner does not have to apply for section certification, thereby making it impossible for that new owner to accept section 8 funds.

By “a lot” I mean 100% of the purchase price was offered as non-refundable earnest money.

@Adam Bartomeo we've been warning our clients about the same thing!

@Jason Weber my first question would be is she a PM with other clients and properties under management or is this just someone you hired doing it as a side gig?

Even my local to me clients - 95% of them we never meet in person each year.  

(it's just slowish and requires a lot of my manual work)Potential Deal to take through Owner finance:- Purchase Agreement in place until 7/31.17 doors - mixed 1 quad 1 triplex 3 quadplex 2 single family 2 1br cabin houses. - all are occupied- 90% of properties are in rentable but rough shape and need significant work in the near future.