Favorites are:1. subject to my partners approval (your pet rat can be your partner). piper suggest this in another thread. 2. subject to 90 day inspection (just tell them your inspector is world class and in high demand)3. subject to 0% financing for 40 yearsRemember, being an unlicensed broker requires a drivers license, no RE license, no education, trickery, deceit, no money, no high school diploma, and nothing to lose.

Possibly put more money down in the contract towards earnest money to show she's just as serious.

The rule of thumb is that you make your money when you buy the house; in other words, it is imperative that you buy the property for the right price so that you can make your repairs and face obstacles and still come out ahead in next to all circumstances. 

The money you borrowed through the loan could only be used on the required work by the licensed contractors? 

But in the end, he puts up the money with trust in me that he will get his money back and with some interest.

Proceed with a 30 day eviction, accept no money and don't agree to any extension.

Have you checked out the BP book on investing with no and low money down?

after i fix it up (with my savings) and get it ready to sell. then can i use my uncles money to pay of more then 20% to make it a investment property??

Then they can have some spending money and start contributing to a Roth IRA to build some good habits.Thanks again for the encouragement and have a great 2017!

(Would have probably made more money buying a decent SFR.)I can't really comment on the value, but here are the things I would look for from a management perspective.