@Kurt Bouma holding a property In my Roth IRA initially valued at $150k until I  sold it 12 years later for $415k without any depreciation recapture tax, no capital gains tax, NO TAX, seems smart.

We don't really do too much financing for the initial buy as our cost for the property and rehab is much lower, but when our buyers purchase housing (either turnkey investors or local buyers) they can usually attain a loan without any issues with very little down.

We did not change the terms of the lease other than the length, and around 70-80% of tenants would leave after that initial term. 

*Note* you already recovered your initial  investment of $50,000.

The initial purchase will be with a standard loan with 20% downpayment. 

She did push back against him accepting the initial offer so perhaps she is afraid we will work out a deal? 

Most of them were initially asking for "all cash" offers only.

@Nate Julian when you contacted the seller initially, show up immediately with a contract to get it signed.

Therefore, it should be utilized when you initially purchase the house.

A few thoughts about your analysis:Judging just from the pictures, there's way more than $1k of initial repairs to be done.