Any advise on where my head is at how this transition may look with an expedited process is greatly appreciated!!

I figure I could help them transition into the 21st century and take some things off their plate so they aren't up to their eye balls in paperwork.

So I was going to offer her the whole $290k if she'd do it on my terms (which would be sub-to transitioning into basic seller finance with a balloon payment).

I feel like gaining experience through learning from others, falling and getting back up to master all of the different aspects of BRRRR is essential and figured using a property I know well might ease the transition into BRRRR but the CoC numbers are not very good so this thinking might be antithetical to BRRRR.I am also open to partnering with someone who has experience in BRRRR and am willing to contribute capitol and hustle.

My background was in pharma, transitioned to biotech start ups, moved into food technology and work as a Senior Program Manager.

@Kris KelleyHouse Hacking can save you money in the following ways:Lowering your monthly housing allowance through generating revenue renting out portions of your property.Lowering your taxable income base by acquiring extra tax write offs (mortgage interest deduction).Decreasing transportation costs like gas.Decreasing unproductive time spent sitting in traffic.Having the possibility of removing your car payment, insurance, and maintenance expenses completely.Learning how to be a landlord and transitioning into the world of real estate investing.And more!

Your worst case scenario is a run on the bank coming at the same time as several big-ticket capital expenses, tenant issues or a market downturn/transition to a buyers market, preventing you from being able to sell quickly if needed and cash out investors as necessary.

This will make your transition to the point of being able to receive the earned rent faster. 

Aside from providing the basics, some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

Today I mainly focus on small apartments (10-30 units) in Baltimore and land deals in Prince George's.Here to help folks getting started, or making transition from houses to commercial.