[RKDinOKC]

Have some friends that buy and slow flip homes in their spare time during the week.

They buy meager small homes that they can pay cash for and they pay cash. No interest.

The house is not a dump to start with. It doesn't need major renovation like the homes you see on the flipper shows. Just a little TLC, ie. paint, flooring etc. maybe a little updating if fixtures and appliances.

The houses are livable. Good enough that they live in the home during the week and work on the house evenings while keeping their 8 to 5 jobs. Weekends they go to their very nice home in the country.

After about a year of fixing up and re-decorating they put the house back on the market. Being all updated, but not too fresh, and obviously lived in, it usually sells quick and for a nice profit.

Seems like something similar might be a good investment for this lady, especially if she likes decorating. It doesn't have to be where or what she wants to end up in. Just a stepping stone. It would provide her a place to live that will be an investment towards her "House" in a few years. She wouldn't be throwing away rent money. And she can increase the resale value with a little work.