Thought I would share a little update. I'm working on building a website and designing business cards, but in the meantime I thought I would drive around the neighborhood just to scout it out. I was parked in front of this really beaten up house (no shutters, poorly maintained lawn) when a car pulled up behind me. I got out of the car and introduced myself and it turned out that it was the owner of the house. Talk about crazy luck.
I told him that I was a real estate investor that lived a block over (which I do) and that I was interested in buying his house. He said he wasn't really looking to sell his house to which I responded "Maybe you aren't and that's okay, but have you considered buying a new house? I can make you a cash offer". He still said no, but told me that a house just up the street had been for sale for over 6 months.
Sure enough, the house he pointed me to has been for sale since April of 2017 (taken off the market twice). The original asking price was $850k and then was dropped to $750k, both prices are way too high. The property was last taken off of the market in December, but still has the realtors sign on the property. I looked it up on county records and it looks like it's owned by an estate out of California.
How should I proceed?