What can I do to effect #2 and #3?

I definitely do not want to be throwing money away, but doesn't it seem a lot more cost-effective to just RENT for 1-2 years, and then buy a house.

Depending on the state laws, the agreements may not be in effect anyway, and you can institute new agreements.

I've never done flat fee before but it seems very cost effective if you know what you're doing on the transaction end.

You'd need more data to determine the actual effect of -200 sf and -1 half bath.Comp 2 is several months old and the square footage doesn't easily reconcile with the number of beds/baths.

Also the cost of doing a warranty deed transfer for each property (I'm not sure if a quitclaim is an effective way of transferring in this situation).Alternatively, maybe she could leave the houses in her name and get a general liability, commericial or blanket policy that covers more than the standard umbrella policy?

There are other complications with not being allowed to work on your property, manage your property, or do anything personnaly to increase its value (as this would be effectively extra contributions to your IRA).

Not really sure why, but it is one of those hidden expenses that can drastically effect the performance of your properties.You are smart to be keeping a close eye on it every year.

You have a construction back ground and that is a plus for what is one of the more difficult parts of a rehab process that many have a tough time managing cost effectively.

This is a sure way of destroying your credibility as an effective wholesaler.