This is not to dissuade investors from building a team because I wouldn't be able to virtually wholesale in several markets without one.

Luckily the market had moved in his favor so he was able to sell and didn’t lose that much money.

I'm curious to dive deeper into the Santa Fe market and would love to learn from those with local experience.

Youtube also has a lot of wholesaling videos with examples of contracts, marketing etc.

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.

if so where do you market your listing? 

However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.

Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.

Are you looking to stick within your market? 

Market analysis is performed.”