I do not want to take advantage of them but want to help them as well as help myself at the same time.Any thoughts to how I can work this where it will fairly benefit both parties involved with low risk for myself?

I've only had two other instances involving an appraisal in the past, one when buying my primary residence and one when refinancing it.

Who is Involved?

How would you structure the deal with an outside investor involved?

The attorneys involved are simply representing the bank for the foreclosure...neither they nor the bank can sell the property since they don’t own it.

The rules often involve sending a physical letter.Question:Does anyone know how to auto-send a template letter when a certain date has passed?

Im new in the investing space and im looking for more experienced commenters to give you more insight into how to navigate the financing aspect of things.On a more personal note, if you do get involved in buying a property from a family member, my advice would be for it to be a clean cut to minimize any future problems.

@Kenneth LaVoie, you can get a 1031 QI involved anytime before closing, I'd be happy to set you up with my QI team backed by the security of First American.

It's involved. 

Find deals with larger # of doors and get other people involved.