Need advice coordinating a complicated deal.

[Account Closed]

This deal is out of my comfort zone. Because It has great potential I am willing to attempt it if I get a solid strategy in place. I live in Ohio. I do plan to consult my attorney tomorrow but would like input / guidance from other investors as well.

So heres the deal:

A woman living across the street from one of my properties in a single family home passed away about 1-2 years ago. The children moved in and trashed the place and moved out. I posted a letter on the door expressing my interest in the home. I got a call from the sister of the deceased homeowner who is handling the estate. She informed me that the home is still in her deceased sisters name. She has not placed the home in probate.

according only to the conversation I had with this sister there is a $67,000 loan of some sort on the house. She has been receiving mail from two companies she believe to be collection agencies. She provided me with account numbers and names of the companies.

I believe this house is currently worth 20,000 and has an ARV of 60,000

I am willing to pre sue this deal because the sister simply wants it gone. ANY advice on how to structure this deal would be very helpful.

Thank you in advance!