Seems a lot to chew as my first deal. :)

And you think there is some more meat on the bone to chew on too?

What if I can't get all the assignments (which is a virtual certainty with at least 20 heirs) it seems like a partition would chew up most of the money, not to mention EL had 20+ years of use with no rent paid to her cousins.

Don't bite off more than you can chew.

Takes it off when sold.Make friends quickly with the neighbors, just a few minutes chewing and ask them to keep an eye out since the property is vacant, most do, especially the little old ladies they take spying seriously....I'd meet people at the property and never give anyone access until thaty have signed!

More good stuff to chew on.

I've seen a lot of people bite off more than they can chew and they end up losing their butts.

She bit off more than she can chew.

This way of doing things requires that you have the cash to close and that your profit is on top of the commission you pay to the selling broker, but I've found that with some REOs I can literally relist the next day with better pictures and find a buyer very quickly.Why chew up a lot of your profit by having to pay commissions vs having investors ready to buy from you.

To stay in business long term you will need more meat on the bone or you'll end up just chewing on bones.