Colorado Springs is still doable as far as Colorado goes; I have two siblings that live there and the area is still growing - but there's not much in the way of buildings, and nothing old-school like in Chicago as the Springs isn't a very old city.

It shouldn't be expensive to draw up, but you will want to be able to provide solid evidence of the deal to IRS auditors, estate attorneys, siblings, or any other interested parties in the future. 

My dad and his siblings haven't grown the portfolio, so I feel that it's up to me to expand the portfolio and create a better future for me, my brother, and my cousins.With some money my dad got from selling a property in Hawaii and some money I had saved, he and I bought a townhouse here in Seattle and I started renting it out a few months ago to some tenants who (so far, fingers crossed!)

To make matters worse the oldest sibling which is his late wife's son refuses to sign any paperwork to sell the house.

On our side, both of our siblings have stated an interest in selling their interest, so it would  cost us $283K out of pocket to obtain a 50% interest in the property since my wife inherited 1/6 interest.  

Some other things to consider are:is the son the only sibling/heir?

They'd just work the holiday still be able to see their families / extended familiesFor me, it was a 24 hour flight around the world to see my mom and siblings.

I partnered with my siblings, Dawn and George, to format a real estate investing firm.  

I think they could transfer the deed into my name and my siblings names after it's paid off so we won't have to pay any taxes after they die.

They probably all live far away, thus the reason the neighbor thinks there were no heirs, as no one ever came by the house to clean it out.I have never run into a situation where there are no heirs, as in the State of Oregon, law allows automatic transfer to partners/Spouses, then Kids, then parents and siblings.