Acquiring financial freedom will allow my family to live our desired lifestyle, debt free, with no more stress each month struggling to make ends meet, secure our daughter’s future and continue to build wealth so that we can be a blessing to others and help to rebuild our communities and create opportunities for others to find the same success.

Then no more residual income. 

Make it livable and fill the vacancy.Second, assuming you could rent for $900/mo and assuming after-repair appraisal would be at least $75k, then I would pay no more than $60k on the property.

Now, no more non-exclusive on buyer agency.

Maybe no more than $30,000 altogether including purchase and rehab.

Thanks for the "no more than 20%" recommendation!  

He will no longer deal with the title company and this lawyer so I have chosen to seek a new attorney based title company to be sure no more legal issues arise to delay this further since the family member will sign but not to these people.

After that it's all commercial, no more 30 yr fixed. 

You'll get all the cash flow and all the equity that accrues over time and you'll be doing no more work than you would by forming a partnership with your client....?

If a tenant is substantially under market, I may exceed that 5% mark but probably raise it by no more than maybe 10% max.