In the Cambridge-Somerville area, triple deckers in need of repair easily go for multi-millions, you need a lot of capital upfront for downpayment and rehab costs and you are relying on appreciation to build equity - the flip and condo conversion is a popular option in these areas. 

And rehab and treatment of back willbe more expensive than not having a job.

Upon completion of rehab, or once tenanted with a lease is ideal. 

She owns the house free and clear.We have a lawyer.I figured this is a great opportunity for me to possibly rehab and cash out refi for leverage to re invest?

I volunteered one of my rehab projects but it was at the same time that someone else volunteered their rehab project just a few miles from my RE so the other rehab effort was used. 

Interesting that the HAR listing comment says off-duty cop there frequently... not a great sign of what's going on, but at least it seems they're trying to address the issue.https://www.trulia.com/p/tx/houston/12627-ashford-...

The others left & rents went up significantly after some rehab to each unit.

Appreciate it if anyone could help with this question -If you were selling land with a set closing date determined and the contract had this clause:"Subject to simultaneous purchase of lot 1B at [address]."

How would one go about finding a rehab with this type of funding?

I understand that there are many ways to finance a buy and rehab project.