If you really want an answer you can confidently rely on you'll need to engage an attorney practicing in the state the property is located in and the state of residence of your grandparents and have him research the specific facts of the case.  

This is something i've been trying to define myself as I don't want to rely on the first come first serve method. 

That probably means sellers will more often rely on the X% that folks vaguely believe to be the industry standards. 

I haven't heard back from insurance company yet whether they need a re-inspection before they insure the property.Would you rely on inspector or a roofer/roofing company to tell me if there is roof damage? 

This plunged the world into the greatest recession most of us had ever seen and caused more than four million completed foreclosures.There’s no denying the incredible role appreciation has played in investors’ lives, but there’s also no denying the risk involved in relying on appreciation to make a profit.

One of the major issues with Zillow is that their Zestimates often rely heavily on a price per square foot basis, which can be quite inaccurate.

The wholesaler isn't a competent contractor or even a competent investor themselves 99% of the time, so you have to decide who you want to rely upon for estimates.

The entire premise of this plan relies on the appraised value of a duplex, and how much $150k gets you in your market.

I am considering $300 night rate with 60% occupancy which translates to $65k revenue per year from each A-frameAfter considering expenses $50k for each A-frame or $100k for 2 frames.I have some questions about this strategy:Did you try to get STR permit/construction permits in this area?

I would never loan my money the way you see it done with the Brokers.. they rely on 3 party appraisals and credit reports they Never or basically never even meet their client to eye ball them..