If you really want to stack the odds in your favor, what I would do is ask to take a walk through of her current apartment.

I asked if there was a recent big increase but she said she wasn't sure which seems like an odd answer. 

It's bad enough paying universities tens of thousands for a partial version (online vs. on-site classes) of what we're paying for, but to also pay the other inflated expenses of living expenses in a college town may not be worth it. 

This option seems odd though as I can't imagine people would like carpet in their eating area.Option 3: Remove all laminate, install tile in eating area and try to make it look like rest of tile in kitchen. 

I know people do it because they are making "infinite returns", but it's not my game.Then you harvest the 5 ways real estate pays you: Cashflow, tenant principle paydown, appreciation (leveraged since you have a loan), depreciation, and you now have an inflation hedge.PM me with Q's!

However, the combination of a desperate seller, purchase price way under market value, hard money lender concerned only with loan to value, takeout private mortgage fund, and strong credit/assets borrower may increase the odds of getting it done.

Have at least two solid sources of income because they government one day could shut down many sectors of the economy and if you have two your odds are better that you will be able to continue with at least one of them.2.

I don’t want to be trapped with adjustable rates in the setting of runaway inflation...

@Brian Alvarado Odds are your closing attorney probably has a boiler plate lease template they provide to their clients for situations just like the one you are in.

I want to convert cash to equity because I feel inflation will rise due to trillions of stimulus dollars being injected into the economy. 2.