I looked at your pictures and I was getting butterflies in my stomach just looking at them.

There are considerably higher returns in lower end properties, if you have the time and stomach for it.

Hope you have the stomach for the messes and litigation.

Court confirmation would have ensued and legal publication and competitive bids made your original offer wishful thinking.Had you bulletproofed your deal with a performance trust deed or mortgage, you might have been in a much stronger position to protect your position and complete your acquisition.Had you purchased the beneficial interest from at least 51% of heirs/beneficiaries you'd be in a commanding position, maybe even boot the existing PR and replace with a 3rd party fiduciary who'd be paid all statutory and extraordinary fees.Your best defense now is to hire an attorney who threatens (bug does not execute) a lis Pendens clouding title and gumming up the works while you figure out a plan B.If yo don't have the stomach for lawsuits or you live in a small community, I suggest you consider the risk/reward of this opportunity.

And I really didn't want to give this to someone who didn't have the stomach or talent for fixing it up.

In order to save some serious money while not being able to stomach the paneling look on the half of the house that didn't have to be drywalled, I filled the cracks of the paneling with drywall mud and painted over that.  

If you can stomach investing out of state there are lots of options in certain places, such as Louisville, Memphis, Tampa, parts of Michigan, parts of Illinois, etc., 200k can buy a lot of MFRs there and they cashflow with ease.  

I can't stomach gutting and rebuilding the bathroom(s) or doing A/C.

Let's say that a woman was working 10 hours a day at McDonalds (because she was put to work at a young age and had no other marketable skills), and was making minimum wage to support her two kids, so that they could focus on their studies and still have food in their stomachs to hopefully one day be able to go to college and get well-paying jobs.

Thank you so much everyone for your responses and advice, as I sit here with knots in my stomach it makes me feel I have some support on my side!