I'm a noob waiting to pull the trigger.

This is going to sound harsh, but if you can't determine your own values, you really don't need to be investing yet.

Just trying to get my real estate education before I pull the trigger for real.

So why do you think that she may sell to you for a good price, if anything I'd be more concerned with her getting the better end of this deal.I'm not trying to be harsh, just bring you back to reality with this based on the VERY limited information you provided.So what is it you are trying to do exactly, and what do you need help with?

A breach of the lease should trigger a clause in the RTO contract causing forfeiture of any monies applied.

Things are going fairly well and I'm looking to finally pull the trigger and get started in real estate investing no later than next summer (2014).I am interested in buying/holding rental properties.

Things are going fairly well and I'm looking to finally pull the trigger and get started in real estate investing no later than next summer (2014).I am interested in buying/holding rental properties.

I spent 8 months flying back and forth to Texas getting to know the market and putting a team together before I pulled the trigger.

My question is - will the purchase transaction (or even the Certificate of Occupancy) trigger the city to revalue the property much higher than the current valuation, resulting in higher RE taxes on the property?

Frankly, if I used the 70% ARV - repair cost formula, I would never pull the trigger on anything.