You would be farther ahead to consider her financing as temporary Get bank financing as soon as you have built up enough equity with your mother-in-law to cover a DP with the bank.

Your leverage is that the owner be so emotionally attached to the sale that they want/need it to go through.  

That seems tedious but data is available and your friend when it comes to larger picture and it takes the emotion out.

Paying down my debt does not make the most financial sense but emotionally for me it does.  

There are people that offer 100% homes and the rehab/repair money but I have seen a few of those providers make money of of your loans but do not state that and mostly talk about themselves and do not tell you about their charge to do that, so be careful of them and others that make sales based on your emotion.  

Take a non emotional approach and there is a glut of empty commercial properties for sale everywhere.

Sounds like a temporary value hike, with longer term ramifications once the consequences of these investment decisions are revealed.Stop the madness...

I told the other tenants that there's temporary visitors.

We've got to remember that we can't second guess what the seller is willing to do or has knowledge of for their solutions, unless we ask.Not all transactions are "dollar specific" reward immediately.If we look at our transactions as win/win with people who have needs and emotions, we can better figure out solutions that meet everybody's goals.

Hi Alonzo - Word to the wise:) --> Flipping a multi family building makes no sens what so ever:).Seriously flipping a Multi Family is the best way to spend $50K to make $10k:).Flipping makes sense if you are rehabbing a single family that will be bought by a owner/occupant that buys the house based on emotion.2-4 unit properties are bought by investors who only look at how many units they can buy per dollar.