If i hadn't tried several other things, I would have never found this one and I'd be sitting on the rental portfolio doing nothing right now. 

If property values appreciate well, you might be sitting on a property that's worth a great deal more than todays ARV, especially if you can complete some of the repairs while your grandmother still lives there.

Just closed on one for a client over the hill in Reno, NV, that was sitting on the open market and they took an aggressive offer. 

It's been six days and the money still shows as sitting in escrow.

That means YES, they are actually with people sitting down and scrolling through new listings every day looking for people to tag.

Have a sit down and talk to him. 

@Moshe S., It might be even more complicated than you think. 

Maybe sit down with her and look at the finances for her and if it makes sense for her to buy the X out and refinance if that is even possible. 

I recall reading in Forbes that major foundation fixes can add surprising value, becuase it addresses the single biggest fear buyers have.. a shaky structure.From my three decades in fix-and-flips, Ive noticed how important it is to have a team you trust.. from attorneys who know probate deals to realtors willing to drive for dollars with you, scouting hidden gems.

What @Jay Hinrichs said - I always preach on here that it is far better to have your place sit empty than to have a bad, or even dubious tenant.