Agree with @John Underwood...There is usually another scavenger sale for properties that don't go on the annual tax sale but it is not advertised.  

Offer her 8% annually or 50/50 split in profits. 

Additional Info I received from sellercurrent tax assessment $54,900 Annual Taxes 1344.82 Operating statement attached.

It brings in what it brings in, and those are the annual numbers you would need to use.I will warn you that unless there is potential for a lot of upside on the rents , this place will probably be a heartbreaker.

 $25,000,000.00 in total value of all real estate and 8 million in net worth and $500,000.00 in annual cash flow wouldn't be bad either.  

But the status quo is to not ask, I guess...in the CC&Rs it says we have to ask for every exterior change except annual flowers!

The way that the contract was written each person bought into the private sewer line but the price had a 5% annual interest rate. 

You have to acquire 25 or so dollars for every dollar you spend annually.  

I think the annual trends are particularly interesting.

When the 10yr approaches I can renew if I wish.It's 80% LTV and the initial draw is based on 3.49% with remaining draws at the prime rate + margin of .75 (the margin varies and this example was based on 100k).Other lenders I spoke with had annual fees or initial draw already at 4%.